Next week, 3 companies related to Electric Manufacturing, NBFC and Chemical Sector are entering the market with their issues. You can invest in them.
3 chances of earning in the market next week
Many companies one after the other in the stock market IPO Taking off. issue Many times it has proved to be a big earning opportunity for the investors, so a section of the investors keep looking for opportunities in the primary market itself. If you are also such an investor or expect to earn something from a small amount, then next week can be 3 opportunities for you. stock market In between November 7 to November 11, 3 companies are coming out with their issues. If you want to invest, then below are the important information related to it, which you can take advantage of.
The IPO of IoT-based electronics manufacturing company Keynes Technology India Limited (KTIL) will open on November 10. Investors will be able to invest money in the IPO till November 14. An issue price of 559-587 has been kept for the issue. The proceeds from the sale of new shares will be used to pay off debt, raise capital for manufacturing plants in Mysore and Manesar and raise working capital. Keynes Technology is a leading Internet of Things (IoT) based integrated electronics manufacturer. It has a total of eight production units across the country.
Five Star Business Finance
The IPO of Five Star Business Finance, a non-banking financial company, will be open from November 9-11, bids for anchor investors will open on November 7. According to the company, the issue price for the Rs 1,960 crore IPO has been fixed at Rs 450-474 per share. The IPO will be an outright offer of sale (OFS) in which existing shareholders and promoters will sell shares worth Rs 1,960 crore. The company provides business loans to small entrepreneurs and self-employed individuals. The company has a strong presence in South India.
The company’s IPO will open on November 9. The company has fixed the issue price of Rs 386 to 407 per share. Investors can apply for IPO for a minimum of 36 shares. After this, application can be given only in multiples of 36. Investors can apply for the issue till November 11.
Business News Headline: IPO market next week 3 companies in queue