IPOs of 7 companies will make noise in the market this week. 8 shares are to be listed on stock exchanges.
IPO Price Issue
Among the companies raising funds through IPO, 2 belong to the major segment, Popular Vehicles, and Crystal Integrated, while 5 belong to the Small and Medium Scale (SME) segment.
• Kerala car dealer Popular Vehicles and Services IPO will start on the 12th of this month and end on the 14th. The price range has been fixed at Rs.280-295.
• Crystal Integrated Services IPO will be on 14-18 of this month. The price range is to be decided. Fresh shares worth Rs.175 crore will be sold as part of the issue and 17.5 lakh shares will be sold in the offer for sale.
• KP Green Engineering IPO will close on the 15th of this month and the 19th of Praram Bhamai. The price range has been fixed at Rs.137-144. The minimum lot size is 1000 shares. The company aims to raise Rs 189.50 crore through the IPO.
• AVP InfraCon IPO will start on March 13 and end on March 15. The price range per share is Rs.71-75. At the maximum price, the company will raise Rs.52.34 crores.
• First EPI IPO will start on 11th and end on 13th. Price range Rs.71-75. The minimum lot size is 1600 shares. The company will raise Rs.36 crore through the IPO.
• Signoria Creation's IPO will be held on March 12-14. Price range Rs.61-65.
• Royal Sense IPO will start on 12th and end on 14th. The price per share is Rs.68, and you must apply for at least 2000 shares. The shares will be listed on BSE SME Plat Palm.
• Shares of JG Chemicals, RK Swamy, and Gopal Snacks Company in the main segment will be listed on stock exchanges. Pune E-Stock Troking, Sri / Karni Pabcom, Kaura Fine Diamond, Sona Machinery, and VR will be in the SME category. Ask for shares on exchanges.
What is the mean of IPO?
"IPO" stands for Initial Public Offering. It refers to the process through which a privately held company offers shares of its stock to the public for the first time, thereby becoming a publicly traded company. In an IPO, the company typically hires an investment bank or underwriting firm to help determine the offering price, draft the prospectus, and facilitate the sale of shares to investors.
IPOs are often used by companies to raise capital for expansion, acquisitions, or other purposes, and they also provide liquidity for existing shareholders, such as founders, employees, and early investors.