Summary of this article
Seven new SME issues are expected to open in the upcoming week starting August 4.
On the mainboard front, two new issues namely JSW Cement IPO and Highway Infrastructure IPO will also open this week.
SME issues of Essex Marine IPO, BLT Logistics IPO, Aaradhya Disposal Industries IPO and four other issues will open this week.
After a busy week at the bourses, the momentum seen in the primary market is expected to continue. In the upcoming week, seven SME issues are scheduled to open for bidding. On the other hand, two mainboard issues will open for bidding this week. Here’s a look at the key primary market activity which is expected to happen in the week beginning August 4:
JSW Cement IPO
JSW Cement IPO (JSW Cement Ltd) bidding window will open on August 7 and remain open till August 11. The company seeks to raise Rs 3,600 crore through a fresh issuance of shares and an offer for sale of Rs 2000 crore shares. JSW Cement price band is yet to be announced.
The share allotment status of JSW Cement IPO will be finalised on August 12. JSW Cement shares are scheduled to list on the NSE and BSE. The tentative listing date for JSW Cement Ltd is August 14. JSW Cement Ltd was incorporated in 2006 and is a maker of green cement in India.
Highway Infrastructure IPO
The Highway Infrastructure IPO (Highway Infrastructure Ltd) bidding window will open from August 5 to August 7. The company seeks to raise Rs 130 crore through the issue of 1.39 crore shares amounting to Rs 97.52 crore. The EPC company also seeks to undertake an offer for sale of 46 lakh shares amounting to Rs 32.48 crore. The Highway Infrastructure IPO price band was fixed at Rs 65 to Rs 70 apiece.
Retail investors can apply for Highway Infrastructure IPO by placing bids for a minimum lot size of 211 shares, aggregating to an investment of Rs 14,770. Highway Infrastructure shares are slated to make their D-street debut on the NSE and BSE. The tentative listing date for Highway Infrastructure Ltd is August 12.
Highway Infrastructure Ltd (HIL) is a management company which works in the field of tollway collection. HIL also undertakes EPC (Engineering, Procurement, and Construction) projects.
Seven SME Issues To Open For Bidding
Seven SME issues are scheduled to open for subscription in the week starting August 3. These include Essex Marine IPO, BLT Logistics IPO,Aaradhya Disposal Industries IPO, Parth Electricals & Engineering IPO, Bhadora Industries IPO and Sawaliya Foods Products IPO.
Essex Marine IPO
The Essex Marine IPO bidding window will open on August 4 and close on August 6. The seafood exporter plans to raise Rs 23.01 crore through a fresh issuance of 42.62 lakh shares.
The Essex Marine IPO price band was fixed at Rs 54 per share. Retail investors can apply for the Essex Marine IPO by placing bids for a minimum lot size of 2,000 shares, which aggregates to an investment of Rs 2,16,000. Shares of Essex Marine Ltd will list on the BSE SME platform, with the tentative listing date being August 11.
Essex Marine is engaged in the processing and export of fish and other aquaculture products.
BLT Logistics IPO
BLT Logistics IPO’s bidding window will open on August 4. The three-day bidding window of the BLT Logistics IPO will close on August 6. BLT Logistics Ltd seeks to raise Rs 9.72 crore through a completely fresh issuance of 12.96 lakh shares
BLT Logistics IPO’s price band has been fixed at Rs 71 to Rs 75 per share. Retail investors can bid for a minimum lot size of 1600 shares, which aggregates to an investment of Rs 1,20,000. BLT Logistics Ltd. shares are slated to list on the BSE SME platform and debut on D-street on August 11. The company provides logistics solutions such as surface transportation of goods and warehousing services.
Aaradhya Disposal Industries IPO
Aaradhya Disposal Industries IPO (Aaradhya Disposal Industries Ltd IPO) bidding window will open on August 4 and close on August 6. The paper products maker seeks to raise Rs 45.1 crore via its public issue. Aaradhya Disposal Industries IPO consists of a fresh issuance of 38.88 lakh shares.
Aaradhya Disposal Industries' IPO price band was fixed at Rs 110 to Rs 116 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 1,39,200.
Shares of the Aaradhya Disposal Industries will list on the NSE SME platform. The tentative listing date of Aaradhya Disposal Industries is August 11.
Aaradhya Disposal Industries is a maker and exporter of paper products. The products made by Aaradhya Disposal include paper cup blanks, ripple paper and other such products.
Parth Electricals & Engineering IPO
Parth Electricals & Engineering IPO (Parth Electricals & Engineering Ltd) bidding window will open next week on August 4. The subscription window for Parth Electricals & Engineering IPO is expected to close on August 6. Parth Electricals & Engineering plans to raise Rs 49.72 crore via its public issue. Parth Electricals & Engineering IPO consists of a fresh issuance of 29.25 lakh shares.
Parth Electricals & Engineering IPO price band was set at Rs 160 to Rs 170 per share. Retail investors can apply for the public issue by placing bids for a minimum lot size of 800 shares, which aggregates to an investment of Rs 1,36,000.
Shares of the Parth Electricals & Engineering Ltd will list on the NSE SME platform. The tentative listing date of Parth Electricals & Engineering is August 11. Parth Electricals and Engineering Ltd is a manufacturer of specialised electrical equipment.
Bhadora Industries IPO
The subscription window for the Bhadora Industries IPO (Bhadora Industries Ltd IPO) will open on August 4. The three-day bidding window of the mainboard issue will close on August 6. Bhadora Industries plans to raise Rs 55.62 crore through a completely fresh issuance of 54 lakh shares.
Bhadora Industries IPO issue price was set between Rs 97 to Rs 103 per share. Retail investors can apply for Bhadora Industries IPO by placing bids for a minimum lot size of 1,200 shares, which aggregates to an investment of Rs 1,23,600. Shares of Bhadora Industries Ltd will list on the NSE SME platform. Shares of Bhadora Industries are expected to make their D-Street debut on August 11.
Bhadora Industries Ltd is a maker of industrial cables which are used for transmission and distribution of electricity, serving government discoms and EPC companies.
Sawaliya Foods Products IPO
Sawaliya Foods Products IPO (Sawaliya Foods Products Ltd) bidding window will open next week on August 7. The subscription window for Sawaliya Foods Products IPO is expected to close on August 11. Sawaliya Foods Products plans to raise Rs 34.83 crore via its public issue. Sawaliya Foods Products IPO’s public issue consists of a fresh issuance of 26.03 lakh shares amounting to Rs 31.23 crore and an offer for sale of 3 lakh shares amounting to Rs 3.6 crore.
Sawaliya Foods Products IPO price band 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 1,44,000.
Sawaliya Foods Products Ltd scrip will make its debut on the NSE SME platform. The tentative listing date of Sawaliya Foods Products is August 14.
