Upcoming IPOs: Samay Project Services, Patil Automation, Eppeltone Engineers And Two Other Public Issues Opening Next Week

Upcoming IPO Next Week: The secondary market ended the current week on a weak note as the Sensex and the Nifty finished lower on June 13 as the Sensex finished lower by 0.7 per cent and the Nifty 50 ended 0.68 per cent lower. Even amid mounting geopolitical tensions between Israel and Iran, primary market activity remained robust. In the upcoming week as well, the primary market is likely to see continued action as six new public issues across both the mainboard and the SME board will open for subscription.

Notably in the week starting June 16, as many as five SME issues and one mainboard issue will open for bidding. On the other hand, shares of four companies will list on their respective exchanges in the upcoming week. Here’s a look at all the primary market action which is scheduled to take place in the upcoming week.

Samay Project Services IPO

Samay Project Services IPO (Samay Project Services Ltd) bidding window will open on June 16 and remain open till June 18. The company seeks to raise Rs 14.69 crore through the issue of 43.2 lakh shares. The price band for the Samay Project Services IPO was fixed at Rs 32 to Rs 34 apiece.

Retail investors can apply for Samay Project Services IPO by placing bids for a minimum lot size of 4000 shares, which aggregates to an investment of Rs 1,28,000. Samay Project Services shares are expected to debut on the NSE SME Emerge platform. The tentative listing date for Samay Project Services Ltd is June 23. Samay Project Services Ltd provides Engineering, Procurement and and Construction (EPC) services to various industries.

Patil Automation Ltd IPO

The subscription window for Patil Automation IPO will open on June 16 and close on June 18. Patil Automation Ltd plans to raise Rs 69.61 crore through a completely fresh issue of 58.01 lakh shares. The price band for the SME issue was set at Rs 114 to Rs 120 per share. Retail investors can apply for the public issue by placing bids for a minimum lot size of 1200 shares, which aggregates to an investment of Rs 1,36,800. Shares of Patil Automation Ltd will list on the NSE SME platform with the tentative listing date being June 23.

Patil Automation is provider of welding and line automation solutions; the company was established in 2015.

Eppeltone Engineers IPO

Eppeltone Engineers IPO’s bidding window will open on June 17. The three-day bidding window of Eppeltone Engineers IPO will close on June 19. Eppeltone Engineers Ltd seeks to raise Rs 43.96 crore through a completely fresh issuance of 34.34 lakh shares

Eppeltone Engineers IPO’s price band has been fixed at Rs 125 to Rs 128 per share. Retail investors can bid for a minimum lot size of 1000 shares, which aggregates to an investment of Rs 1,25,000.

Shares of the Eppeltone Engineers Ltd are slated to list on the NSE SME platform. Shares of the company will make their debut on D-street on June 24.

Influx Healthtech IPO

Influx Healthtech IPO (Influx Healthtech Ltd IPO) subscription window will remain open from June 18 to June 20. Influx Healthtech seeks to raise Rs 58.57 crore via its public issue. Influx Healthtech IPO consists of a fresh issuance of 50 lakh shares amounting to Rs 48 crore and an offer-for-sale of 11 lakh shares amounting to Rs 10.56 crore.

Influx Healthtech IPO price band was fixed at Rs 91 to Rs 96 per share. Retail investors can apply for the public issue by placing bids for a minimum lot size of 1200 shares, which aggregates to an investment of Rs 1,09,200.

Shares of the Influx Healthtech will list on the NSE SME platform. The tentative listing date of Influx Healthtech is June 25.

Arisinfra Solutions IPO

Arisinfra Solutions IPO (Arisinfra Solutions Ltd IPO) subscription window will open on June 18. The three-day bidding window of the mainboard issue will close on June 20. Arisinfra Solutions plans to raise Rs 499.6 crore through a completely fresh issuance of 2.25 crore shares.

Arisinfra Solutions IPO price band was fixed at Rs 210 to Rs 222 per share. Retail investors can apply for Arisinfra Solutions IPO by placing bids for a minimum lot size of 67 shares, which aggregates to an investment of Rs 14,070. Shares of the Arisinfra Solutions Ltd will list on the NSE and BSE. Shares of Arisinfra Solutions are expected to make their D-Street debut on June 25.

Mayasheel Ventures IPO

Mayasheel Ventures IPO (Mayasheel Ventures Ltd) bidding window will open next week on June 20. The subscription window for the SME issue is expected to close on June 24. Mayasheel Ventures plans to raise Rs 27.28 crore via its public issue. Mayasheel Ventures IPO consists of a fresh issuance of 55.14 lakh shares.

Mayasheel Ventures IPO price band was set at Rs 44 to Rs 47 per share. Retail investors can apply for the public issue by placing bids for a minimum lot size of 3000 shares, which aggregates to an investment of Rs 1,32,000.

Shares of the Mayasheel Ventures Ltd will list on the NSE SME platform. The tentative listing date of Mayasheel Ventures is June 27.

Companies Listing This Week

Shares of Jainik Power and Cables Ltd are scheduled to debut on the NSE SME platform on June 17. Shares of Monolithisch India Ltd will debut on the NSE SME platform on June 19. Shares of Oswal Pumps Ltd and Aten Papers & Foam Ltd will debut on the D-street on June 20.