IPOs are going to be in full swing next week. 10 IPOs are going to open next week. Out of these, 2 IPOs are from the Main Board and 8 IPOs are from the SME Board. Through these IPOs, companies will raise around Rs 900 crore. At present, the number of investors in IPOs is constantly increasing. The reason for this is that investing in IPOs gives a chance of getting high returns in a short time. Bajaj Housing and PN Gadgil, listed this week, are examples of this. Bajaj Housing's IPO was listed at a premium of more than 100 percent. Whereas PM Gadgil's listing was done at 74 percent.

These two IPOs of the main board will open next week

1. Manba Finance
This company will bring an issue of about Rs 151 crore. The company will issue a fresh issue of 1.26 crore shares. This IPO will open for bidding on Monday i.e. 23 September. Investors will be able to bid for it till 25 September. Those who will get the shares will be allotted on 26 September. Its listing will be on 30 September.

There are 125 shares in one lot. For this, investors will have to invest Rs 15,000. Retail investors can book a maximum of 13 lots. For this, Rs 1.95 lakh will have to be invested. The company will use the money received from the IPO to meet future capital requirements.

2. KRN Heat Exchanger
This company will issue an issue of about Rs 342 crore. In this too, the company will issue 1.55 crore shares which will be completely fresh issue. This IPO will open for investment on September 25. Investors will be able to bid for it till September 27. Allotment will be done on September 30. Those who will get the shares, they will be credited to the demat on October 1. Its listing will be on October 3.

There are 65 shares in one lot of an IPO. For this, the investor will have to invest Rs 14,300. A retail investor can book a maximum of 13 lots. For this, Rs 1,85,900 will have to be invested. The company will use the money raised from the IPO to open a new manufacturing unit in Rajasthan. These units will be opened under the company's wholly-owned subsidiary KRN HVAC Products Private Limited. Also, the company will use a part of the money for general corporate purposes.

These SME IPOs will also open

Next week, 10 SME IPOs will also open. These include Rappid Valves (India), WOL 3D, TechEra Engineering, Thinking Hats Entertainment Solutions, Unilex Colours and Chemicals, Divyadhan Recycling Industries, Sahasra Electronics Solutions and Forge Auto International. These IPOs will open on different dates. Investing in SME IPO requires a much larger amount than the main board. The price of one lot is more than one lakh rupees.