Last update:
Four new IPOs are opening next week: Erisinfra Solutions, Paradip Parain, Divine Diamond Jewelers and Grand Continent Hotel. PDP shipping and Super Iron Foundry will also be listed.
Upcoming IPO this week
Upcoming IPO in March: The primary market is gaining momentum with four new initial public offerings (IPOs) prescribed to open for membership next week. This includes Arisinfra solution on the mainboard segment and three others in the small and medium enterprise (SME) segment.
The recent market reform has put brakes on the IPO market. Since the onset of Vishal Mega Mart in December 2024, the pace of new launch has slowed down in recent months.
Upcoming IPO this week
Arisinfra solution ipo:
On opening on March 20 and closure on 25 March, this book -manufactured issue includes 2.86 crore shares, which are all fresh. The price band is yet to be announced.
Parip Parivhan IPO:
This SME IPO will be open for membership from 17 March to 19 March. The book -made issue consists of 45.78 lakh shares, a total of ₹ 44.86 crore, which are all fresh. The IPO price band is set to ₹ 93 to ₹ 98 per share.
Divine diamond jewelers IPO:
This SME IPO, opened for membership from March 17 to March 19, is a certain price issue of 35.38 lakh shares, which has an amount, 31.84 crore. The price of IPO is set to ₹ 90 per share.
Grand Continent Hotel IPO:
Open for membership from March 20 to March 24, this SME IPO is a combination of latest issues (collected for ₹ 70.74 crore for 62.60 lakh shares) and offering for sale (collected for 3.29 lakh shares for ₹ 3.72 crore). The IPO price band is set to ₹ 107 to ₹ 113 per share.
New listing of IPO
Apart from the new IPO, the market will also see the list of two pre -rich IPOs in the coming week:
PDP shipping IPO: The allocation was finalized on 13 March, listed on BSE SME on 18 March.
Super Iron Foundry IPO: Listing on BSE SME on March 19 is expected to be finalized on 17 March.
