New Delhi: The Indian IPO market reveals no indicators of slowing down, with six new public affords set to open subsequent week. Analysts attribute this continued major market exercise to optimistic investor sentiment, a powerful financial system, and expectations of low inflation and fee cuts in 2024. Read on to know particulars of six upcoming IPOs.
1. Exicom Tele Systems IPO
Exicom Tele Systems IPO: Subscription Dates
Axicom Tele Systems has introduced its IPO, which can open for subscription on February 27 and shut on February 29.Also read: From investment to income: Investment of Rs 5-7 lakh in this business idea can give monthly returns of Rs 1.5 lakh,
Exicom Tele Systems IPO: Objective
The firm goals to boost round Rs 429 crore by means of this providing. ,Also Read: Are you facing problems creating AI images with Gemini? Google Explain Reason,
Exicom Tele Systems IPO: Fresh fairness problem
The IPO includes a recent fairness problem of Rs 329 crore and a proposal on the market of shares price Rs 70.42 lakh.
Exicom Tele Systems IPO: Price Band
The worth band for the IPO has been set at Rs 135-142 per share, with a post-issue market capitalization of round Rs 1,716 crore.
Exicom Tele Systems IPO: Lot Size
Investors can bid for 100 shares in a single lot after which for a variety of shares thereafter.
Exicom Tele Systems IPO: Additional Information
The supply is reserved 75 per cent for certified institutional consumers, 15 per cent for non-institutional traders and the remaining 10 per cent for retail traders.
2. Platinum Industries IPO
Platinum Industries can be making ready for its IPO.
Platinum Industries IPO: Subscription Dates
The IPO will open for subscription on February 27 and shut on February 29.
Platinum Industries IPO: Objective
The IPO goals to boost Rs 235 crore by means of recent fairness sale of 1.37 crore shares.
Platinum Industries IPO: Price Band
The supply has been made at a worth vary of Rs 162-171 per share.
3. Bharat Highway invitations IPO
Bharat Highways InvIT is an infrastructure funding belief centered on buying, managing and investing in a portfolio of infrastructure property in India.
Bharat Highways Invitation IPO: Price Range
The firm has saved its IPO worth at Rs 98-100 per unit.
Bharat Highways Invitation IPO: Subscription Date
The problem is scheduled to open on February 28, by which models price Rs 2,500 crore shall be provided.
4. Owais Metal IPO
Apart from the above IPO, Owais Metal will open for subscription on February 26.
5. Purva Flexipack IPO
The firm’s IPO is about to open for subscription on February 27.
6. MVK Agro Food Products IPO
The IPO of MVK Agro Food Products is opening for subscription on 29 February.
