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The action seen in the IPO market last month is currently slowing down. Next week only 2 issues are going to be launched in the market. One of these is from the SME segment. At the same time, 6 companies will also be listed in the stock market, although all these listings are from the SME segment. If you are also going to invest money in the IPO market, then you can keep an eye on these issues.

 

Which issues are there next week?

Next week, issues of 2 companies are going to hit the market, which includes Garuda Construction and Shiva Texcam. Garuda Construction will be listed on the mainboard and Shiva Texcam on the SME platform. Garuda Construction and Engineering's IPO will open on October 8 and investors can apply for the issue till October 10. New shares worth Rs 173 crore will be issued through the issue, while an offer for sale of Rs 90 crore has been kept. The company has kept the price band at Rs 92 to Rs 95 per share. Where investors can bid for 157 shares in one lot. That is, at the upper price band, an application of at least Rs 14915 will have to be given. 35 percent of the IPO has been reserved for retail investors. Apart from this, an issue of SME segment is also coming to the market next week. Shiva Texcam's Rs 101 crore IPO will open for subscription on October 8. The issue is completely based on fresh equity and the company will issue 61.05 lakh shares in it. The price band for the IPO has been kept at Rs 158 to Rs 166 and bids can be placed for 800 shares in one lot. That is, a minimum bid of Rs 1.32 lakh can be placed in the issue. Which companies will be listed next week? 6 companies are to be listed next week and all these listings will be on the SME platform. These include HVAX Technologies, Saj Hotels, Subham Papers, Paramount Die Tech, Neopolitan Pizza and Kayti Global Ventures.

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