Summary of this article
The month of September is scheduled to be filled with primary market activity.
One mainboard and seven SME board issues will open for subscription this week.
The SME issues opening this week for subscription include Rachit Prints IPO, Goel Construction Co IPO, Optivalue Tek Consulting IPO, Austere Systems IPO, Vigor Plast India IPO, Sharvaya Metals IPO and Vashishtha Luxury Fashion IPO
The month of September is scheduled to be filled with primary market activity. Amanta Healthcare IPO and seven other SME issues are set to open for bidding in the upcoming week. The SME issues opening this week for subscription include Rachit Prints IPO, Goel Construction Co IPO, Optivalue Tek Consulting IPO, Austere Systems IPO, Vigor Plast India IPO, Sharvaya Metals IPO and Vashishtha Luxury Fashion IPO.
Amanta Healthcare IPO
The initial public offer of Amanta Healthcare will open for subscription on September 1 and close on September 3. Amanta Healthcare IPO is worth Rs 126 crore and consists of a fresh issuance of 10 million shares.
Amanta Healthcare IPO’s issue price has been fixed at Rs 120 to Rs 126 per share. Retail individual investors can apply for Amanta Healthcare IPO by placing bids for at least 164 shares, which aggregates to an investment of Rs 14,994.
The share allotment status of Amanta Healthcare IPO will be finalised on September 4. Shares of Amanta Healthcare IPO will be listed on the NSE and BSE. The tentative IPO listing date is September 9. Amanta Healthcare Ltd develops, manufactures and markets sterile liquid products and medical devices.
7 SME Issues To Open Next Week
The initial public offerings of 7 SME companies are set to open for subscription in the week starting September 1:
Rachit Prints Ltd. IPO
Rachit Prints Ltd. IPO (Rachit Prints Ltd IPO) subscription window will remain open from September 1 to September 3. Rachit Prints Ltd. seeks to generate Rs 19.49 crore via its public issue. Rachit Prints IPO comprises a fresh issuance of 1.3 million shares. Rachit Prints IPO price band was set between Rs 140 to Rs 149 per share. Shares of the speciality fabrics maker will be listed on the BSE SME platform. The tentative listing date has been fixed as September 8.
Goel Construction Co Ltd IPO
Goel Construction Co IPO bidding window will remain open from September 2 to September 4. Goel Construction Co IPO is worth Rs 99.77 crore. The engineering and construction company’s public issue comprises a fresh issue of 3.1 million shares worth Rs 80.81 crore and 7 lakh shares aggregating to Rs 18.96 crore.
Goel Construction Co IPO price band has been fixed at Rs 249 to Rs 262 per share. Shares of Goel Construction Co Ltd will list on the BSE SME platform. The tentative listing date is September 10.
Optivalue Tek Consulting Ltd IPO
Optivalue Tek Consulting IPO’s bidding window will remain open from September 2 to September 4. Optivalue Tek Consulting Ltd aims to raise Rs 51.82 crore via its public issue. The SME issue consists of a completely fresh issue of 6.2 million shares. Optivalue Tek Consulting IPO price band has been fixed at Rs 80 to Rs 84 per share. Shares of Optivalue Tek Consulting Ltd will be listed on the NSE SME platform with the tentative listing date set as September 10.
Austere Systems IPO
Austere Systems IPO (Austere Systems Ltd IPO) bidding window will remain open from September 3 to September 8. Austere Systems IPO is worth Rs 15.57 crore and consists of a fresh issuance of 2.8 million shares. Austere Systems IPO’s issue price was fixed at Rs 52 to Rs 55 per share. Shares of Austere Systems will be listed on the BSE SME platform. The tentative listing date has been fixed as September 11.
Vigor Plast India Ltd. IPO
The subscription window for Vigor Plast India Ltd. IPO (Vigor Plast India Ltd IPO) will open on September 4. The subscription window is scheduled to close on September 9. Vigor Plast India IPO aims to generate Rs 25.1 crore via its public issue. Vigor Plast India Ltd. IPO consists of a fresh issue of 2.5 million shares aggregating to Rs 20.24 crore and an offer for sale of 6 lakh shares aggregating to Rs 4.86 crores.
Vigor Plast India Ltd. IPO price band was set at Rs 77 to Rs 81 per share. Shares of Vigor Plast India Ltd. IPO will be listed on the NSE SME platform. The tentative listing date has been fixed as September 12.
Sharvaya Metals IPO
Sharvaya Metals IPO (Sharvaya Metals Ltd IPO) subscription window will remain open from September 4 to September 9. Sharvaya Metals aims to raise Rs 58.8 crore via its public issue through a fresh issue of 2.5 million shares aggregating to Rs 49 crore and an offer for sale of 5 lakh shares aggregating to Rs 9.8 crore.
Sharvaya Metals IPO price band was fixed at Rs 192 to Rs 196 per share. Sharvaya Metals shares will be listed on the BSE SME platform. The tentative listing date has been fixed as September 12.
Vashishtha Luxury Fashion IPO
Vashishtha Luxury Fashion IPO (Vashishtha Luxury Fashion Ltd) bidding window will be open from September 5 to September 10. Vashishtha Luxury Fashion plans to raise Rs 8.87 crore via its public issue. Vashishtha Luxury Fashion IPO consists of a fresh issuance of 8 lakh shares.
Vashishtha Luxury Fashion IPO price band was fixed at Rs 109 to Rs 111 per share. Shares of Vashishtha Luxury Fashion will be listed on the BSE SME platform. Vashishtha Luxury Fashion Ltd shares are slated to make their D-street debut on September 15.
