If you’re looking to make a profit from the stock market, this news could be of great interest to you. This week presents a promising opportunity for investors in initial public offerings (IPOs), with not just one or two, but six companies set to launch their IPOs. Among these, three issues belong to the main board segment. Additionally, two IPOs that are already active will also be open for investment next week. Let’s take a closer look at these IPOs and what investors can expect.
Upcoming IPOs: A Detailed Overview
1. Premier Energies IPO
The Premier Energies IPO is estimated to raise ₹2,830.40 crores and will open for bidding on August 27, closing on August 29. The price band is set between ₹427 and ₹450 per share, with a lot size of 33 shares. Investors can anticipate the listing of shares on both the BSE and NSE on September 3.
2. Eco Mobility IPO
This IPO is scheduled to open on August 28 and will be available for investment until August 30. The expected size of this issue is ₹601.20 crores, with a price band ranging from ₹318 to ₹334 per share. Investors will need to buy in lots of 44 shares. The shares are set to be listed on the BSE and NSE on September 4.
3. Bazaar Style Retail IPO
Opening on August 30 and closing on September 3, the specifics regarding the price band for this IPO have yet to be announced. Investors can look forward to the listing of shares on the BSE and NSE on September 6.
4. Veedol System IPO
With a planned opening on August 27 and a closing date of August 29, the Veedol System IPO aims to raise ₹18.08 crores. The price for this issue is set at ₹112 per share, and the lot size is 1200 shares. Listing on the NSE SME is expected on September 3.
5. JB Lamination IPO
This IPO, which also opens on August 27 and closes on August 29, targets a funding goal of ₹88.96 crores. The price band for the shares will be between ₹138 and ₹146 per share, with a lot size of 1000 shares. Shares are anticipated to be listed on the NSE SME on September 3.
6. Parametrics Technologies IPO
The Parametrics Technologies IPO aims to raise ₹33.84 crores and will open for bids on August 27, closing on August 30. The price band is set at ₹110 per share, with a lot size of 1200 shares. It is expected to list on the NSE SME on September 4.
7. Aeron Composite IPO
The Aeron Composite IPO will open on August 28 and will be available until August 30. The expected price band for this issue is ₹121 to ₹125 per share, with a lot size of 1000 shares. The company aims to raise ₹56.10 crores, and the shares will be listed on the NSE SME on September 4.
8. Indian Phosphate IPO
This IPO opens on August 26 and allows bids until August 29. The target for the company is ₹67.36 crores, with a price band set between ₹94 and ₹99 per share. The lot size is 1200 shares, and the shares are expected to be listed on the NSE SME on September 3.
Investment Summary Table
| Company | IPO Size (₹ Cr) | Open Date | Close Date | Price Band (₹) | Lot Size | Listing Date |
|---|---|---|---|---|---|---|
| Premier Energies | 2,830.40 | 27 Aug | 29 Aug | 427-450 | 33 | 3 Sep |
| Eco Mobility | 601.20 | 28 Aug | 30 Aug | 318-334 | 44 | 4 Sep |
| Bazaar Style Retail | — | 30 Aug | 3 Sep | — | — | 6 Sep |
| Veedol System | 18.08 | 27 Aug | 29 Aug | 112 | 1200 | 3 Sep |
| JB Lamination | 88.96 | 27 Aug | 29 Aug | 138-146 | 1000 | 3 Sep |
| Parametrics Technologies | 33.84 | 27 Aug | 30 Aug | 110 | 1200 | 4 Sep |
| Aeron Composite | 56.10 | 28 Aug | 30 Aug | 121-125 | 1000 | 4 Sep |
| Indian Phosphate | 67.36 | 26 Aug | 29 Aug | 94-99 | 1200 | 3 Sep |
