It is going to be an eventful trading week on Dalal Street starting Monday, September 22, with as many as 11 companies set to launch their mainboard initial public offers (IPOs) during this period. Besides, five companies will debut in the secondary market, listing their shares on stock exchanges BSE and NSE.
Here’s a summary of key primary market action on Dalal Street from September 22 to September 26:
IPO News | 11 public offers set to hit Dalal Street in trading week starting September 22
Ivalue Infosolutions’ IPO, which opened for subscription on Thursday, September 18, is scheduled to conclude on Monday, September 22.
Add Zee Business as a Preferred Source
Two companies, Atlanta Electricals and Ganesh Consumer Products, are set to launch their IPOs worth Rs 687 crore and Rs 409 crore on the same day. Each IPO comprises a fresh issuance as well as an offer for sale (OFS). These IPOs will close on September 25.
The IPO of GK Energy — which opened for subscription on Friday, September 19 — will close on Tuesday.
Solarworld Energy Solutions, Jaro Institute and Seshaasai Technologies are slated to launch their IPOs on Tuesday, September 23. These IPOs will close on Thursday, September 25.
Epack Prefab Tech, Jain Resource Cycling and BMW Ventures’ IPOs will hit the Street on Wednesday, September 24, and close on Friday, September 26.
On Thursday, September 25, the IPOs of TruAlt Bioenergy and Jinkushal Industries will open for subscription.
ALSO READ | Groww files updated papers with market regulator SEBI to float Rs 7,000-crore IPO
Listing News | A number of companies are set to debut on BSE and NSE this week
Tuesday, September 23: Euro Pratik Sales
Wednesday, September 24: VMS TMT
Thursday, September 25: Ivalue Infosolutions
Friday, September 26: GK Energy, Saatvik Green Energy
ALSO READ | Urban Company shares make stellar debut, list at over 57% premium vs IPO price