IPO: 5 opportunities to invest next week, read everything from price band to GMP:

News Topical, Digital Desk : Action will be seen in the IPO market next week. Actually, 5 issues are going to open in the market whose stocks will be listed on the mainboard. Some of these issues are getting good response in the grey market, according to which better listing is possible here.

Patel Retail

This issue will open on Tuesday, August 19 and close on Thursday, August 21. The company's price band has been fixed at Rs 237 to Rs 255. The grey market premium of the shares at the upper price band was around 14% i.e. ₹34-35. That is, according to Saturday's indications, the estimated listing price could be Rs 290.

Vikram Solar This issue will open on Tuesday, August 19 and close on August 21. The company's price band has been kept at Rs 315 to Rs 332. The grey market premium of the shares at the upper price band was around 18% i.e. ₹60-61, that is, at present it is estimated that the listing could be around Rs 393.

Gem Aromatics This issue will open on Tuesday, August 19 and close on August 21. The company's price band has been fixed at Rs 309 to Rs 325. The grey market premium of the shares at the upper price band was around 13% i.e. ₹40-41. At present, there are indications that the estimated listing may be between 365 to 366.

Shreeji Shipping Global This issue will open on Tuesday, August 19 and close on August 21. The price band of the company has been kept at 240 to 252. The gray market premium of the shares on the upper price band was about 10% i.e. Rs 23-26. The estimated listing price may be around Rs 278.

Mangal Electrical Industries This issue will open on Wednesday, August 20 and close on Friday, August 22. The price band of the company has been kept at Rs 533 to Rs 561. At present, there are indications from the gray market that the issue may be flat listed.

What should investors keep in mind Investors should keep in mind that the gray market signals keep changing continuously and looking at the response received with the opening of the issue, sharp changes are possible in them. The market only takes indications from these about how the sentiments are among the investors about the issue at any given time. In such a situation, do not decide to invest money only on the basis of the signals of the gray market, take advice from an expert you trust.