If you want to join the stock market through IPO, then the coming week will be special for you. This week 3 new IPOs will open and 8 IPOs will be listed. Of the three new IPOs that are opening, one is from the main board and the other two are from the SME segment. This is the last month of the year. This is the reason why investors are also investing in the market thoughtfully. After the decline of the last few weeks, now there are chances of improvement in the indian stock market. Let us now tell you which 3 new IPOs are opening next week and which 8 new companies will be listed.
Which new IPOs are opening?
Among the three new IPOs that are opening this week, one is Property Share REIT. The second is Nisus Finance services and the third is Emerald Tyre Manufacturers Limited.
Property Share REIT
This is a Main Board IPO with a total issue size of Rs 352.91 crore. The company will issue entirely fresh shares under this issue and no shares will come under Offer for Sale (OFS). This IPO will open for subscription between december 2 and december 4, and its potential listing may happen on december 9. Its price band has been fixed at Rs 10 lakh to Rs 10.50 lakh per unit. Lot size information is not available at the moment.
Nisus Finance Services
This is an IPO of the SME segment with an issue size of Rs 114.24 crore. Under this issue, the company will issue 56.46 lakh fresh shares worth Rs 101.62 crore and 7.01 lakh shares worth Rs 12.61 crore will be issued through Offer for Sale. This IPO will be open from december 4 to december 6 and its potential listing will be on december 11. Its price band has been fixed between Rs 170 and Rs 180 per share. There will be 800 shares in one lot, for which investors will have to invest a minimum of Rs 1.44 lakh.
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