Next week, the stock market will be bustling with activity as 14 new IPOs are set to debut.
Investors can look forward to a variety of offerings, including 5 new IPOs and 14 that will be listed on the stock market. Here’s what you need to know about these IPOs:
IPOs to be Listed
The following companies are preparing to list their shares on the stock market:
Gajanan International
Share Samadhan
Shubhshree Biofuels Energy
Cross Limited
Aditya Ultra Steel
Tolins Tires
Bajaj Housing Finance
Trafficsol ITS Technologies
SPP Polymer
PN Gadgil Jewelers
Innomet Advanced Materials
Excellent Wires and Packaging
Envirotech Systems
Arcade Developers
Among these, the IPOs of Cross Limited, Tolins Tyres, Bajaj Housing Finance, PN Gadgil Jewellers,
and Arcade Developers are from the mainboard. The remaining IPOs belong to the SME (Small and Medium Enterprises) category.
Detailed IPO Schedule
Here’s a summary of the upcoming IPOs, including their opening and closing dates, price bands, and lot sizes:
| IPO Name | Opening Date | Closing Date | Price Band | Lot Size |
|---|---|---|---|---|
| Bajaj Finance | 09 September | 11 September | Rs 66-70 | 214 shares |
| Arkade Developers IPO | 16 September | 19 September | Not yet announced | Not yet announced |
| Northern Arc Capital IPO | 16 September | 19 September | Rs 249-263 | 57 shares |
| Excellent Packaging | 11 September | 13 September | Rs 90 | 1600 shares |
| Trafiksol ITS Technologies | 10 September | 12 September | Rs 66-70 | 2000 shares |
| SPP Polymers | 10 September | 12 September | Rs 59 | 2000 shares |
| Gajanand International | 09 September | 11 September | Rs 36 | 3000 shares |
| Share Samadhan | 09 September | 11 September | Rs 70-74 | 1600 shares |
| Shubhshree Biofuels Energy | 09 September | 11 September | Rs 113-119 | 1200 shares |
| Aditya Ultra Steel | 09 September | 11 September | Rs 59-62 | 2000 shares |
| Envirotech Systems | 13 September | 17 September | Rs 53-56 | 2000 shares |
Investment Categories and Listings
Who Can Buy IPO Shares? Anyone can invest in an IPO. There are shares reserved for various types of investors,
including retail investors, anchor investors, high net worth individuals, and qualified institutional investors like banks or mutual funds.
Upcoming Listings
Shares of Bajaj Housing Finance, Cross, and Tolins Tyres are scheduled to debut on Monday, September 16, 2024.
PN Gadgil Jewellers will be listed on Tuesday, September 17, 2024.
SME Sector IPOs: Next week will also see the listing of 10 SME sector IPOs, including:
Excellent Wires & Packaging
Trafficsol ITS Technologies
SPP Polymers
Gajanand International
Share Samadhan
Shubhshree Biofuels Energy
Aditya Ultra Steel
Vision Infra Equipment Solutions
My Mudra Fincorp
Sodhani Academy of Fintech Enablers
Additionally, four ongoing SME IPOs—Popular Foundation, Deccan Transcon Leasing, Envirotech Systems,
and Sodhani Academy of Fintech Enablers—will end their subscription windows next week.
Five new SME offerings will also open, including SD Retail, Bikevo Greentech, Paramount Specialty Forgings, Pelatro, and Ocell Devices.
