The IPO landscape is bustling once again, signaling a renewed interest from investors. After a period of relative calm, the market is set to welcome four new public offerings this week, featuring one mainboard IPO and three SME IPOs. Additionally, two recently concluded issues are preparing for their debut, creating a wave of excitement among market participants.
Mainboard IPO: Arisinfra Solutions
Arisinfra Solutions stands out as the sole mainboard IPO this week, with its subscription period opening on March 20 and concluding on March 25. The offering includes a fresh issuance of 2.86 crore shares, though the exact price range has yet to be disclosed.
This technology-focused company specializes in construction material procurement and has already secured Rs 80 crore in a pre-IPO funding round. The IPO is being managed by leading financial firms such as JM Financial, IIFL Securities, and Nuvama Wealth Management, while Link Intime serves as the registrar. The funds raised from this IPO will be utilized for various purposes, including debt repayment and working capital enhancement.
Exciting SME IPOs to Consider
Paradeep Parivahan IPO
Paradeep Parivahan is gearing up for its IPO, slated to open from March 17 to March 19. This offering consists of 45.78 lakh shares, aiming to raise approximately Rs 44.86 crore. The price band for this IPO is set between Rs 93 and Rs 98 per share, providing an attractive entry point for investors.
Divine Hira Jewellers IPO
Another noteworthy offering is from Divine Hira Jewellers, a prominent player in the jewellery retail sector. This IPO will also be open for subscription from March 17 to March 19, featuring a total issue size of Rs 31.84 crore with a fixed price of Rs 90 per share. The company is offering 35.38 lakh fresh shares, making it an appealing option for investors looking to diversify their portfolios.
Grand Continent Hotels IPO
Grand Continent Hotels will launch its IPO from March 20 to March 24. The company aims to raise Rs 74.46 crore through this offering, which includes a fresh issue worth Rs 70.74 crore and an offer for sale of Rs 3.72 crore. The price band for shares is expected to range from Rs 107 to Rs 113, attracting potential investors keen on the hospitality sector.
Upcoming IPO Listings
In addition to the new IPOs, two companies are set to make their market debut:
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PDP Shipping IPO: Allotments were finalized on March 13, with a listing scheduled on BSE SME on March 18.
- Super Iron Foundry IPO: This IPO’s allotment is expected to be finalized by March 17, with its listing on BSE SME set for March 19.
With these developments in the IPO market, investors have plenty of opportunities to explore. Whether you’re considering established firms or emerging players, now might be the perfect time to review your investment strategy.