Upcoming IPOs: The primary market witnessed some major listings in both main board and small- and medium-sized enterprise (SME) segments last month which kept investors engaged with subscriptions and listings. Moving on, the third week of October sees strong market buzz – similarly packed with new listings and initial public offering (IPO) issues that are available for subscription.
Let’s look at some of the companies opening for subscription this week and the ones that are getting listed on the bourses. The Hyundai Motor India IPO will open for bidding this week in the mainboard segment. Afcons Infrastructure IPO will also open for bidding soon; however, the IPO dates have not been announced when this story is filed. Here are the new SME IPOs opening for subscription this week:
1.Hyundai Motor India IPO
Hyundai Motor IPO is a book-built issue of ₹27,870.16 crore. The issue is entirely an offer for sale of 14.22 crore shares. Hyundai Motor IPO opens for subscription on October 15, 2024 and closes on October 17, 2024.
Lakshya Powertech IPO is a book-built issue of ₹49.91 crore, entirely a fresh issue of 27.73 lakh shares. It opens for subscription on October 16, 2024, and closes on October 18, 2024. The allotment for the Lakshya Powertech IPO is expected to be finalized on Monday, October 21, 2024.
3.Freshara Agro Exports IPO
Freshara Agro Exports IPO is a book-built issue of ₹75.39 crore. The issue is entirely a fresh issue of 64.99 lakh shares. Freshara Agro Exports IPO opens for subscription on October 17, 2024 and closes on October 21, 2024. The allotment for the Freshara Agro Exports IPO is expected to be finalized on Tuesday, October 22, 2024.
New Listings:
1.Garuda Construction and Engineering Limited
Shares of the mainboard IPO will debut on stock exchanges BSE, NSE with a tentative listing date fixed as Tuesday, October 15, 2024.
