The landscape of the primary market is buzzing with excitement as two prominent companies in the SME sector—Nukleus Office Solutions and Shreenath Paper Products—are gearing up to launch their public offerings. This week also marks the listing of shares from five additional firms, including the eagerly anticipated Quality Power Electrical IPO, which was initially projected to debut last week.

New SME IPOs Launching Soon

Nukleus Office Solutions IPO

The Nukleus Office Solutions IPO is set to kick off on February 24, with shares priced at ₹234 each. This offering is entirely fresh equity, totaling 13.54 lakh shares, aiming to secure ₹31.7 crore for the company.

• Key Dates:
  • Bidding Period: February 24 – February 26
  • Allotment Date: February 28
  • Listing Date: March 4 on the NSE SME platform

Sundae Capital Advisors is leading this offering, while Bigshare Services will handle the IPO’s registration. Located in Uttar Pradesh, Nukleus specializes in co-working and managed office spaces throughout the Delhi NCR region. The company provides fully furnished workspaces, including essential amenities like private cabins and meeting rooms, catering to a wide range of clients from startups to established corporates.

Shreenath Paper Products IPO

Following closely, the Shreenath Paper Products IPO opens for bids on February 25 and concludes on February 28. This SME offering is priced at ₹44 per share, consisting of 53.1 lakh shares, with a target raise of ₹23 crore.

• Key Dates:
  • Bidding Period: February 25 – February 28
  • Allotment Date: March 3
  • Listing Date: March 5 on the BSE SME platform

Galactico Corporate Services is the lead manager for this IPO, also supported by Bigshare Services as the registrar. Shreenath operates within the paper supply chain sector, focusing on providing specialized paper products for industries needing various types of coated and adhesive paper.

Ongoing SME IPOs: Final Bidding Days

In addition to these new offerings, three ongoing IPOs are nearing their subscription deadlines:

• HP Telecom India: Opened on February 20, bidding ends on February 24.
• Swasth Foodtech India: Also launched on February 20, concluding on the same date.
• Beezaasan Explotech: With a price range of ₹165 to ₹175 per share, this IPO opened on February 21 and closes on February 25.

Important Allotment Dates for Investors

Investors should be aware of the following allotment timelines:

• HP Telecom India and Swasth Foodtech will finalize allotments on February 25.
• Beezaasan Explotech will complete its allotment on February 27.
• Nukleus Office Solutions will finalize its allotment on February 28.

Upcoming Listings to Keep an Eye On

The excitement in the market continues as five companies are set to debut their shares next week. Notable listings include:

• Quality Power IPO (mainboard)
• Tejas Cargo and Royalarc Electrodes (both NSE SME), all slated for listing on February 24.
• HP Telecom India and Swasth Foodtech, listed on their respective platforms, are set to join the market on February 28.

As the IPO landscape heats up, investors should stay informed and consider the opportunities these offerings present.