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News Topical, Digital Desk : Typically, new companies launch their IPOs every week. However, no new companies are launching their IPOs next week. However, two companies have already launched their IPOs (IPO Next Week), which are still open. These include Vivid Electromech and Emiac Technologies. Both of these companies' IPOs are in the SME category, with one opening on Wednesday, March 25th, and the other on Friday, March 27th. Let's explore the details of both.
Vivid Electromech IPO
Vivid Electromac's IPO opened on March 25th and will close on March 30th. The price band for its shares in the IPO is ₹528-₹555. The lot size is 240 shares. This means that the minimum number of shares for the IPO is 240, followed by multiples of that. Its IPO has been subscribed 0.61%.
Regarding GMP, its GMP is currently zero, according to InvestorGain. However, the GMP of any company can fluctuate until its listing.
Emiac Technologies IPO
Amiac Technologies' initial public offering (IPO) opened on March 27th and will now close on April 8th. The initial public offering price band is ₹93-₹98. The IPO lot size is 1,200 shares. The IPO has received 0.11 times the number of applications so far. However, the company's GMP is also zero.
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