IPO This Week: Tremendous earning opportunity in the market this week, IPO of 4 good companies is coming, see GMP now
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IPO This Week: The year 2023 was good for the Indian stock market. The amount raised through IPO declined marginally on annual basis to Rs 52,000 crore. A total of 105 IPOs were listed on BSE this year in the primary market. Of these, 48 are mainboard IPOs. 90 out of 105 IPOs listed on the index are trending above their issue price. However, the market situation remained unstable in the first week of the year 2024. IPOs of four companies are going to come in the second week. Due to this, some stability is expected. This includes the expected Multibagger Jyoti CNC Automation IPO (Jyoti CNC Automation IPO) also includes. The issue of Jyoti CNC is all set to make headlines with the biggest IPO of the week. The total amount raised by these companies will be more than ₹1100 crore.
Jyoti CNC Automation IPO
Jyoti CNC Automation will launch its IPO in the stock market from January 9 to 11, 2024. The company is planning to raise ₹1100 crore through the issue. The price band of the company is ₹315-331 per share. The current GMP of the company is ₹77. This IPO is a completely fresh issue.
ibl finance ipo
IBL Finance will launch its IPO in the small and medium cap segment (NSE MSE) from January 9 to January 11. The issue aims to raise ₹33.4 crore entirely through a fresh issue IPO, with the share price being fixed at ₹51. The listing date is likely to be January 16.
New Swan Multitech IPO
New Swan Multitech is the third IPO to open this week, which will launch on January 11 and close on January 15. There is a plan to raise ₹33.11 crore from this issue, the price band of which has been fixed at ₹62-66 per share. The IPO is entirely made up of fresh issues. Its current gray market premium is ₹35.
Australian Premium Solar IPO
Australian Premium Solar will make its debut on the BSE SME, and the issue dates are January 11 to 15, 2024. The IPO aims to raise ₹28 crore through the fresh issue, in which each share will be priced at ₹51-54. The current GMP of the IPO is ₹10.
Only one listing this week
Where four IPOs are being launched this week on Dalal Street. A company is to be listed this week. Shares of the company Kaushalya Logistics will be listed on NSE Emerge on Monday, January 8. The company’s shares were priced at ₹75 during the IPO, considering the current GMP, it will be listed at ₹120, a huge premium of 60 per cent. Kaushalya Logistics’ IPO was launched to raise ₹36.6 crore and was subscribed 364.18 times.
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