Investment opportunity in the market next week
LIC’s IPO will close on Monday. At the same time, one issue will open on 10th May and 2 issues will open on 11th May. Also, Campus Activewear and Rainbow Children’s Medicare will be listed in the stock market next week, it is anticipated that both the stocks can give better returns to their investors on the first day.
The stock market last week (stock marketAction was seen in both the primary and secondary market, in the secondary market where there was a sharp volatility after the signals from foreign markets, on the other hand LIC’s IPO this week (IPO) also opened, which is the biggest issue of the country so far. Now next week also the action will continue in the primary market because LIC’s IPO ,LIC IPO) will be closed on Monday and being the last day, all eyes will be on it to see what the last subscription figures come. Along with this, two listings are also to be held next week, the market will keep an eye on the listing. At the same time, 3 issues will also open next week, that is, next week there will be 6 opportunities for investors to earn from the stock market, not one or two.
LIC’s IPO will close on Monday
The country’s biggest IPO will close on Monday. That is, till the first day of the next week, investors will be able to invest money in the issue. Along with this, only on Monday it will be known how much response the issue has received. The issue has got better subscriptions in the first 4 days. The issue is fully subscribed. However, the QIB and NII categories are not yet fully subscribed. Small investors have faith in LIC and they are investing heavily in it. If you have not invested money in the issue and want that you also subscribe to the issue, then you have time till Monday.
3 IPOs to come next week
The IPO of Prudent Corporate Advisory Services will open on May 10 and close on May 12. The price band for the issue has been kept from 595 to 630. In the issue, investors can bid for a minimum of 23 shares, based on which the application size will be minimum Rs.14,490, and retail investors will be able to bid for 13 lots. The IPO of logistics service provider Delhivery will open on May 11 and close on May 13. The price band for the issue has been kept at Rs 462 to 487 per share. The company will raise Rs 5235 crore through the issue. In the issue, investors will be able to bid for a minimum of 30 shares and the application will be for a minimum of Rs 14610, retail investors can bid for a maximum of 13 lots. On the other hand, the issue of Venus Pipes & Tubes will open on May 11 and bids can be placed till May 13. The price band for the issue has been fixed at 310-326. The company will raise Rs 165 crore through the issue. The stock will be listed on 24th May.
Next week there will be 2 listings
At the same time, on the first day of the next week i.e. on May 9, there will be a listing of Campus Active. The issue was open from 26 to 28 April and was subscribed 51 times. According to the signals received from the gray market, the stock may have a good listing. Along with this, Rainbow Children’s Medicare will be listed on May 10 next week. The open issue between April 27 and April 29 was subscribed more than 12 times. According to the signals from the gray market, the stock may get listed in the market with a limited premium.