News Topical, Digital Desk : Seven new IPOs (Upcoming IPO Next Week) are set to open on the stock market next week. These will include four SME and three main board IPOs. Companies launching their IPOs include Amiac Technologies, Vivid Electromech, Powerica, Amir Chand Jagdish Kumar (Exports), Sai Parenteral, Highness Microelectronics, and Tipco Engineering India. Read on to learn more about these IPOs and check their GMP.
Tipco Engineering India IPO
Tipco Engineering's initial public offering (IPO) will open on Monday, March 23rd, and close on March 25th. The price band for shares in this SME-class IPO is ₹84-₹89. The lot size is 1,600 shares. This means you can apply for a minimum of 1,600 shares and then multiples thereof.
According to InvestorGain, the company's stock currently has a GMP of 0. However, keep in mind that the GMP of any company's stock may increase or decrease until listing.
Highness Microelectronics IPO
The Highness Microelectronics IPO will open on Tuesday, March 24th, and close on March 27th. The price band for this SME-sized IPO is ₹114-₹120. The lot size is 1,200 shares. According to InvestorGain, the company's stock has a GMP of ₹13.
Sai Parenteral's IPO
Sai Parenteral's initial public offering (IPO) will open on Tuesday, March 24th and close on March 27th. The price band for this Mainboard IPO is ₹372-₹392. The lot size is 38 shares. According to InvestorGain, the company's stock has a GMP of 0.
Amir Chand Jagdish Kumar (Exports) IPO
Sai Parenteral's initial public offering (IPO) will open on Tuesday, March 24th and close on March 27th. The price band for this Mainboard IPO is ₹201-₹212. The lot size is 70 shares. According to InvestorGain, the company's initial public offering (IPO) has a GMP of ₹6.
Powerica IPO
Powerica's initial public offering (IPO) opens on Tuesday, March 24th, and closes on March 27th. The price band for this Mainboard IPO is ₹375-₹395. The lot size is 37 shares. According to InvestorGain, the company's stock has a GMP of ₹6.
Vivid Electromech IPO
The company's initial public offering (IPO) will open on Wednesday, March 25th and close on March 30th. The price band for this SME-class IPO is ₹528-₹555. The lot size is 240 shares. According to InvestorGain, the company's stock has a GMP of ₹1.
Emiac Technologies IPO
The Amiac Technologies IPO will open on Wednesday, March 27, and close on April 8. The price band and lot size for this SME category IPO have not yet been announced.
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