Six new public issues will open in the next week starting November 25. All the six IPOs opening next week are from the SME segment and Rajesh Power Services is the first IPO to hit Dalal Street.
Rajesh Power IPO: All the six IPOs opening next week are from the SME segment and Rajesh Power Services is the first IPO to hit Dalal Street. The company, which provides consultancy services to the renewable and non-renewable segments of the power sector, will have an initial share sale of Rs 160.5 crore, open for subscription on November 25 with a price band of Rs 319-335 per share. It will close on November 27.
Rajputana Biodiesel IPO : The Rs 24.7 crore IPO of the Jaipur-based company, which manufactures biofuel and by-products (glycerine and fatty acids), will open on November 26 and close on November 28. The price band for this offer has been fixed at Rs 123-130 per share. It has revised the lower price band from the earlier Rs 125 to Rs 123 per share. Apex Ecotech IPO: The water and wastewater treatment solutions provider plans to raise Rs 25.54 crore through an initial share sale for which subscription will begin on November 27 and close on November 29. The price band for the book-built issue has been fixed at Rs 71-73 per share. Abha Power and Steel IPO: The IPO of iron and steel product maker Abha Power will open from November 27-29. It is a fixed price issue with an offer price of Rs 75 per share. Agarwal Toughened Glass India IPO: Agarwal Toughened Glass India's Rs 62.6 crore IPO is set to launch on November 28 with a price band of Rs 105-108 per share. The tempered glass maker's issue will close on December 2. Ganesh Infraworld IPO: Ganesh Infraworld will be the last IPO to be launched from the SME segment in the current month. The construction company's Rs 98.6 crore public issue will open for subscription on November 29 and close on December 3, with a price band of Rs 78-83 per share.
--Advertisement--