IPO Market Update: Primary market will remain dull in the week starting from April 6, opportunity to place bets in only 2 new IPOs; Know complete details of listing and subscription

New Delhi: The coming week is going to be a bit dull for stock market investors in terms of the primary market. There will be less movement in the market in this new week starting from 6th April because only two new IPOs are going to launch. However, one of these is a major issue of the mainboard segment, while the other is related to the SME segment. Additionally, investors will also have the opportunity to invest in an already open SME IPO. Let us know in detail the complete information about next week’s IPO calendar and listing.

1. Safety Controls & Devices IPO (SME Segment)

If you want to start with small investments, then on 6th April Safety Controls & Devices IPO is opening. This is an issue of ₹48 crore which will remain open till April 8. The company has fixed a price band of ₹75-₹80 per share for this. Investors will have to apply for at least one lot i.e. 1,600 shares. It is expected that the allotment of shares will be finalized by April 9 and its listing will be on the BSE SME platform on April 13.

2. Propshare Celestia IPO (Mainboard/REIT Segment)

Next week’s biggest attraction Propshare Celestia This is an IPO which will open on 10th April. This is the third scheme of the Property Share Investment Trust (REIT), through which the company is preparing to raise ₹244.65 crore. This issue will remain open till 16 April. The special thing is that its price band has been kept quite high i.e. ₹ 10,00,000 to ₹ 10,50,000 per share. The allotment of its shares is likely to take place on April 17 and its listing on BSE may take place on April 24.

There is still a chance in the already opened IPO: Emiac Technologies

For investors interested in IPOs already underway, Emiac Technologies The option is open. This IPO was opened on 27 March and applications can be made till 8 April. This issue of ₹31.75 crore has received 35 percent subscription so far. The price band of the company is ₹93-₹98 and the lot size is 1,200 shares. Its listing is also expected on BSE SME on April 13.

Who will be listed next week?

Shares of only one company are going to enter the market in the new week. Vivid Electromech The shares are set to be listed on the NSE SME platform on April 7. Let us inform that the company’s public issue of ₹ 130.54 crore was fully subscribed. According to the data, the portion of Qualified Institutional Buyers (QIB) was subscribed 1.95 times and that of Non-Institutional Investors (NII) was subscribed 1.50 times, while the retail portion was subscribed 36 per cent.

Useful thing for investors

Even though the pace in the IPO market is low next week, Agri Warehousing Company SLCM And rediff.com Big companies like are also preparing to launch their IPOs soon. They have submitted draft papers confidentially with SEBI. Market experts say that before investing money in any IPO, investors must check the fundamentals and gray market premium (GMP) of the company.