IPO This Week: Opportunity to earn money has come, IPOs of 2 companies are opening this week, quickly see full details – when will the ipos of maiden forgings and udayashivkumar infra open for subscription
When will Maiden Forgings IPO close?
The IPO of steel bar and wire maker Maiden Forgings will close on March 24, 2023. The shares of the company (Maiden Forgings IPO) are likely to be listed on BSE SME platform on April 5, 2023. The SME platform of the exchanges is for small and medium sized companies. Maiden Forgings has informed that the company will raise Rs 24 crore through this initial public offer. A total of 37,84,000 equity shares will be sold under this IPO. Of this, 17,97,000 equity shares will be reserved for Qualified Institutional Buyers (QIBs). 5,39,100 shares have been reserved for non-institutional investors. Whereas, the remaining shares are reserved for retail individual investors.
When will Udayshivakumar Infra’s IPO open?
The IPO (IPO) of Udayshivkumar Infra is opening from tomorrow i.e. March 20, 2023. This IPO will be open till 23 March. Investors can invest in this IPO for three days from March 20 to March 23. The price band of the IPO has been fixed by the company at Rs 33 to Rs 35 per share. The company will raise Rs 66 crore through the IPO. There is a possibility of listing on the stock market on 3 April 2023. According to market experts, the company’s shares are available at a premium of Rs 10 in the gray market today. With the opening of the IPO tomorrow, its GMP may jump further.