Summary of this article
The upcoming week is set to be a busy one for primary market investors.
Urban Company IPO, Dev Accelerator IPO and Shringar House of Mangalsutra IPO are set to open for subscription this week.
Six SME issues including Krupalu Metals IPO, Nilachal Carbo Metalicks IPO and Karbonsteel Engineering IPO will open for subscription this week.
The primary market is set to see a lot of activity in the upcoming week. Three mainboard issues and six SME issues are set to open for subscription in the forthcoming week. Here's a look at some of the major details of the public issues which are scheduled to open for subscription in the upcoming week:
Urban Company IPO
The initial public offer of Urban Co will open for subscription on September 10 and close on September 12. Urban Co IPO is worth Rs 1,900 crore. The issue consists of an equity issue of 45.8 million shares worth Rs 472 crore and an offer-for-sale of 138.6 million shares worth Rs 1,428 crore.
Urban Co IPO's issue price has been fixed at Rs 98 to Rs 103 per share. Retail investors can bid for the service aggregator's public issue by applying for at least 145 shares, which aggregates to an investment of Rs 14,935. The share allotment status of Urban Co IPO will be finalised on September 15. Shares of Urban Co IPO will be listed on the NSE and BSE. The tentative IPO listing date is September 17.
Urban Co Ltd was incorporated in 2014. The company provides an online marketplace which enables users to book professional services. The company acts as an aggregator and facilitator for professionals who provide services such as plumbing, electrical repair, cleaning etc.
Dev Accelerator IPO
Dev Accelerator IPO subscription window will remain open from September 10 to September 12. Dev Accelerator plans to raise Rs 143.35 crore via its public issue. Dev Accelerator IPO consists of a fresh issuance of 23.5 million shares aimed at raising Rs 143.35 crore.
Dev Accelerator IPO price band was fixed at Rs 56 to Rs 61 per share. Retail investors can apply for the public issue by placing bids for a minimum lot size of 148 shares, which aggregates to an investment of Rs 14,335.
The share allotment status of Dev Accelerator's public issue is likely to be finalised on September 15. The flexible office space provider's shares will list on the BSE and NSE. The tentative listing date is September 17.
Dev Accelerator Ltd was incorporated in 2017. The company provides flexible office spaces and coworking environments. It has 15 centres in Delhi-NCR, Hyderabad, Mumbai, and Pune.
Shringar House of Mangalsutra IPO
Shringar House of Mangalsutra IPO subscription window will remain open from September 10 to September 12. Shringar House of Mangalsutra plans to raise Rs 400.95 crore via its public issue. Shringar House of Mangalsutra IPO consists of a fresh issuance of 24.3 million shares.
Shringar House of Mangalsutra IPO price band was fixed at Rs 155 to Rs 165 per share. Retail investors can apply for the public issue by placing bids for a minimum lot size of 148 shares, which aggregates to an investment of Rs 14,850.
The share allotment status of Shringar House of Mangalsutra' public issue is likely to be finalised on September 15. Shares of the jewellery designer will list on the BSE and NSE. The tentative listing date is September 17.
Shringar House of Mangalsutra Ltd was incorporated in 2007. Shringar House of Mangalsutra Ltd is a designer of jewellery and provides its services and products to clients, wholesale jewellers, and retailers.
6 SME Issues To Open Next Week
The initial public offering of 6 SME companies is set to open for subscription in the week starting September 8:
Krupalu Metals IPO
Krupalu Metals IPO (Krupalu Metals Ltd IPO) subscription window will remain open from September 8 to September 11. Krupalu Metals plans to raise Rs 13.48 crore via its public issue. Krupalu Metals IPO consists of a fresh issuance of 1.9 million shares. Krupalu Metals IPO price was fixed at Rs 72 per share. Shares of the brass and copper manufacturing company will be listed on the BSE SME platform. The tentative listing date for the brass manufacturer's shares has been fixed as September 16.
Nilachal Carbo Metalicks Ltd IPO
Nilachal Carbo Metalicks IPO bidding window will remain open from September 8 to September 11. Nilachal Carbo Metalicks IPO is worth Rs 56.1 crore. The metallurgical coke manufacturer's public issue comprises a fresh issue of 2.6 million shares amounting to Rs 22.1 crore and an offer-for-sale of 4 million shares amounting to Rs 34 crore.
Nilachal Carbo Metalicks IPO price has been fixed at Rs 85 per share. Shares of Nilachal Carbo Metalicks Ltd will list on the BSE SME platform. The tentative listing date is September 12.
Karbonsteel Engineering Ltd IPO
Karbonsteel Engineering IPO's bidding window will remain open from September 9 to September 11.
Karbonsteel Engineering Ltd aims to raise Rs 59.3 crore via its public issue. The SME issue consists of a completely fresh issue of 3 million shares amounting to Rs 48.33 crore and an offer for sale of 7 lakh shares amounting to Rs 10.97 crore.
Karbonsteel Engineering IPO price band has been fixed at Rs 151 to Rs 159 per share. Shares of Karbonsteel Engineering Ltd will be listed on the BSE SME platform with the tentative listing date set as September 16.
Taurian MPS IPO
Taurian MPS IPO (Taurian MPS Ltd IPO) bidding window will remain open from September 9 to September 11.
Taurian MPS IPO is worth Rs 42.53 crore and consists of a fresh issuance of 2.5 million shares. Taurian MPS IPO price band was fixed at Rs 162 and Rs 171 per share. Shares of Taurian MPS will be listed on the NSE SME platform. The tentative listing date for the mining equipment maker's shares has been fixed as September 16.
Jay Ambe Supermarkets IPO
The subscription window for Jay Ambe Supermarkets IPO (Jay Ambe Supermarkets IPO Ltd IPO) will open on September 10. The bidding window of the supermarket chain's public issue is scheduled to close on September 12.
Jay Ambe Supermarkets plans to raise Rs 18.45 crore via its public issue. Jay Ambe Supermarkets IPO consists of a fresh issue of 2.4 million shares.
Jay Ambe Supermarkets IPO price band was set at Rs 74 to Rs 78 per share. Shares of Jay Ambe Supermarkets will be listed on the BSE SME platform. The tentative listing date has been fixed as September 17.
Airfloa Rail Technology IPO
Airfloa Rail Technology IPO (Airfloa Rail Technology Ltd IPO) subscription window will remain open from September 11 to September 15. Airfloa Rail Technology aims to raise Rs 91.1 crore via its public issue through a fresh issue of 6.5 million shares.
Airfloa Rail Technology IPO price band was fixed at Rs 133 to Rs 140 per share. Airfloa Rail Technology shares will be listed on the BSE SME platform. The tentative listing date has been fixed as September 18.
