Busy week for IPO market

This is going to be a packed week for IPO market. There will 6 IPOs for bidding on various boards. At the same time, six companies will be listed this week. On Monday, Cyient DLM made a stellar debut on the bourses. It got listed on NSE at Rs 403 per share while its issue price was Rs 265 per share. This implies a premium of around 52%. At the same time, Global Pet Industries got listed on the SME board. It is that got listed on NSE at Rs 52 per share. Its issue price was Rs 49 per share.

Senco Gold’s listing
On July 14, Senco gold will be listed. The company has issue price of Rs 137 per share. It will be listed on the mainboard. Besides this, various IPOs will be listed on the SME board. This includes Synoptics Technologies and Tridhya Tech which will be listed on 13th July. While Alphalogic Industries will be listed on SME board on 14th July.

Option to apply in 6 IPOs
This week there are various IPOs in which you can place the bid. AccelerateBS and Drone Destination are already open for subscription since last week. AccelerateBS has a price band of Rs 90 per share. This IPO will remain open till July 11. The company is looking to raise Rs 5.69 crore from this IPO. This will be listed on SME exchange.

Drone Destination is another IPO that is open for bidding. The IPO is open for bidding from 7th July to 13th July. The company is looking to raise Rs 44.2 crore from IPO. It will also get listed on SME.

Besides this Ahasolar is another IPO that has opened up for subscription on 10th July and will remain open up to 13th July. The issue price for the IPO is Rs 157 per share. The company is looking to raise Rs 12.85 crore from IPO. It is in the business of providing services related to the solar industry. The company will be listed on SME exchange.

Another IPO that got opened for subscription on SME board is Kaka Industries. It will remain open till 12th July. It’s price band is Rs 55-58 per share. The company is looking to raise Rs 21.23 crore from IPO.