12 companies are going to be listed in the IPO market next week. One of these companies has received a bumper response from investors and due to this it is being estimated that the listing of this issue can also be strong. This issue is of KRN Heat Exchanger whose issue has been subscribed 200 times. If the grey market signals till Friday are to be believed, the stock can be listed with a return of more than 100 percent. Apart from this, those who get shares in Manba Finance, another company listed on the mainboard, can also get strong returns. This issue also got a great response. Read which stocks are going to be listed next week
Which stocks will be listed next week
Next week, two companies will be listed on the mainboard and 10 companies on the SME platform. Manba Finance and KRN Heat Exchanger will be listed on BSE and NSE next week. Apart from this, Rappid Valves (India), WOL 3D India, Thinking Hats Entertainment, Unilex Colours, Techera Engineering, Nexxus Petro, Forge Auto, Sahasra electronics, Divyadhan Recycling Industries and Diffusion Engineers are included which will be listed on the SME platform. What is the listing forecast The grey market signals are strong for Manba Finance and KRN Heat Exchanger to be listed on the mainboard. By the way, let us tell you that the grey market signals are very uncertain and sharp fluctuations are seen in it. However, from this, the market response to the issue can be gauged. The issue of KRN Heat Exchanger has been subscribed 213 times. The retail portion itself is filled 97 times. The size of the IPO was Rs 342 crore. The stock will be listed in the market on October 3. Due to the strong response, the listing of the stock is also expected to be strong. If the grey market signals till Friday are to be believed, the stock can be listed at a premium of 125 percent. The premium of this issue with a price band of 209 to 220 has reached 275 at one time. At the same time, the listing of Manba Finance can also be spectacular. The issue was subscribed 224 times. The retail portion was subscribed 144 times. The stock will be listed on September 30. The price band for the IPO has been kept at Rs 114 to Rs 120 per share. According to the grey market signals of Friday, the stock can be listed at a premium of Rs 55 i.e. Rs 175. On this basis, the stock is currently expected to get a listing gain of 46 percent.
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