IPO Market: Keep money in your pocket, this IPO can make huge earnings this week

This week is going to be very busy for the stock market. There is a reason for this too. In the current week which has started, 4 IPOs are going to be launched. Along with this, there are 6 such companies, which will be listed in the stock market.

If you also want to earn well, then definitely keep money in your pocket. The reason for this is that in the current week some companies are bringing their IPOs to debut in the market, while some will debut in the stock market. In the primary market segment, four IPOs worth more than Rs 500 crore will open for subscription and six stocks will debut in the stock market. Let us also give you detailed information about these companies.

IPO of Rishabh Instruments

Testing and measuring instruments maker Rishabh Instruments will be the first company in the mainboard segment to launch its first IPO on August 30 and close on September 1 in the same week. The fund will be raised by the company at an upper price band of Rs 418-441 per share to the tune of Rs 490.78 crore, which includes fresh issue of shares worth Rs 75 crore and OFS of Rs 415.78 crore from investor SACEF Holdings II and promoters.

The public issue of infrastructure company Vishnu Prakash R Punglia, which opened on August 24, will close next week on August 28. With the support of all types of investors, the offer has been subscribed 10.63 times so far.

IPO will also come of this company

In addition, stainless steel finished sheet maker Ratnavir Precision Engineering will launch its anchor book for a day on September 1, ahead of the IPO. The company has reserved 50 per cent of the offer for QIPs (which includes up to 60 per cent for anchor book), 15 per cent for HNIs, and the remaining 35 per cent for retail investors.

These companies will be listed

There will be two listings in the Mainboard segment. Polymer-based molded product maker Pyramid Technoplast will debut on August 30 and metallic flexible flow solution product maker Aeroflex Industries will list on August 31. Their IPOs were subscribed in size of 18.29 times and 97.11 times respectively.

Aeroflex shares have seen a strong response in the gray market, with a 65 per cent premium to the upper price band price of Rs 108 per share, while the gray market premium for Pyramid was around 10 per cent over the IPO price of Rs 166 per share. .

small companies ipo

The SME segment is also going to be busier than the mainboard segment as three IPOs will be launched this week. Pharmaceutical product distributor Mono Pharmacare's Rs 14.84 crore IPO will open for subscription from August 28 to August 30 with a price band of Rs 26-28 per share.

Bidding for the IPO of shapewear maker CPS Shapers will begin on August 29 and end on August 31. This is a fixed price issue with a price of Rs 185 per share. The company is planning to raise Rs 11.1 crore. Chennai-based visual effects (VFX) studio Basilik Fly Studio will open its IPO on 1 September. The price band is yet to be announced by the company.

These small companies will be listed

Besides this, Sahaj Fashions, which manufactures fabrics for garment making and home furnishing, will close its Rs 13.96 crore IPO on August 29.

On the listing front, diamond and jewelry maker Shura Designs will be the first company in SME to debut next week on August 29, as per the IPO schedule.

Agrochemical formulations maker Crop Life Science and passive telecom infra service provider Bondada Engineering will list their shares on August 30, while power solutions company Sungarner Energies will make its debut on August 31.