Dalal Street Braces for an Action-Packed Week: Seven IPOs and Multiple Listings on the Horizon

Get ready for an exciting week on Dalal Street! The Indian stock market is buzzing as seven new public issues are set to hit the primary market. But that’s not all; 13 companies are gearing up to make their debut on the stock exchanges, covering both the mainboard and the SME segment.

This surge in activity follows the wave of strong investor sentiment, especially after Bajaj Housing Finance’s record-breaking public subscription of ₹3.23 lakh crore last week. Clearly, investors are eager, and the market is ripe with opportunities!


Mainboard IPOs to Watch This Week

  • Northern Arc Capital
    • Subscription Dates: September 16 – 19
    • Price Band: ₹249 – ₹263 per share
    • IPO Size: ₹777 crore
    • Anchor Investment: Raised ₹229 crore before IPO launch
    • Why It Matters: This Chennai-based non-banking financial company is opening its doors to the public. Northern Arc Capital has been a significant player in providing financial services, and this IPO is a big step in their growth journey.
  • Arkade Developers
    • Subscription Dates: September 16 – 19
    • Price Band: ₹121 – ₹128 per share
    • IPO Size: ₹410 crore
    • Anchor Investment: Secured ₹122.40 crore ahead of IPO
    • Why It Matters: If real estate is your game, Arkade Developers is a name to note. They’re looking to expand their projects, and this IPO could be a golden ticket for investors interested in the booming real estate sector.

SME IPOs Opening Up

The SME segment is equally vibrant this week. Here’s a quick rundown:

Company Subscription Dates Price Band (₹) Issue Size (₹ Crore) Lot Size
Paramount Speciality Forgings Sep 17 – 19 57 – 59 32.34 2,000 shares
Osel Devices Sep 16 – 19 155 – 160 70.66 800 shares
Pelatro Sep 16 – 19 190 – 200 55.98 600 shares
BikeWo GreenTech Sep 18 – 20 59 – 62 24.09 2,000 shares
SD Retail Sep 20 – 24 124 – 131 64.98 1,000 shares
  • Paramount Speciality Forgings: Diving into the world of specialty forgings? This could be your entry point.
  • Osel Devices: A medical devices company that’s making waves.
  • Pelatro: If tech and telecom solutions interest you, keep an eye on this one.
  • BikeWo GreenTech: Green technology is the future, and this company is all about sustainable solutions.
  • SD Retail: Retail enthusiasts, this is your chance!

Mainboard IPO Listings Scheduled

Mark your calendars for these mainboard listings:

Company Listing Date
Bajaj Housing Finance September 16
Tolins Tyres September 16
Kross September 16
P N Gadgil Jewellers September 17
  • Bajaj Housing Finance: After its massive subscription, it’s finally listing. This one’s a biggie!
  • Tolins Tyres and Kross: Automotive sector enthusiasts, take note.
  • P N Gadgil Jewellers: For those interested in the glittering world of jewelry and precious metals.

SME IPO Listings Coming Up

There are a number of happening on the SME front, too:

Company Listing Date
Gajanand International September 16
Share Samadhan September 16
Shubhshree Biofuels Energy September 16
Aditya Ultra Steel September 16
Trafiksol ITS Technologies September 17
SPP Polymers September 17
Innomet Advanced Materials September 18
Excellent Wires and Packaging September 19
Sodhani Academy of Fintech Enablers September 20

From biofuels to advanced materials and fintech education, there’s a diverse mix of companies making their debut.


IPO Allotments Happening This Week

Eagerly waiting to see if you’ve got the allotment? Here’s when you’ll find out:

IPO Name Type Allotment Date
Excellent Wires and Packaging SME September 16
Innomet Advanced Materials Ltd SME September 16
Envirotech Systems Ltd SME September 18
Sodhani Academy of Fintech Enablers Ltd SME September 18
Western Carriers India Mainboard September 19
Popular Foundations Ltd SME September 19
Deccan Transcon Leasing Ltd SME September 19

What Does This Mean for Investors?

This burst of IPOs and listings is a clear indication that the market is brimming with confidence. Companies are taking the point to go public, and investors are showing up in droves.

Why You Should Care:

  • Opportunities: There is something for everyone, whether in finance, tech, real estate, or green energy.
  • Strong Market Opinion: High subscription rates suggest a market. It is a good time to research new investment avenues.
  • Possibility for Growth: Early investment in IPOs can sometimes yield considerable returns, particularly if the company is doing well post-listing.

Tips for Navigating This Busy Week

Here are the tips:

  • Do Your Homework: Before investing, research each company simply. Analyze its market position, financial health, and future plans.
  • Assess Your Risk Need: IPOs can be unpredictable. Make sure you are comfortable with the risks involved.
  • Diversify Your Portfolio: Do not put all your eggs in one basket. Distribute your investments across different sectors and companies.
  • Stay Updated: Keep an eye on market news and expert comments to make informed decisions.

Conclusion

Not every week do we see such a packed schedule on Dalal Street. The combination of new IPOs, listings, and allotments offers a wealth of opportunities for both seasoned investors and newcomers.

Whether you are looking to invest in a well-established company like Bajaj Housing Finance or are interested in the growth potential of SMEs, this week has it all.

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Disclaimer

This article is intended for informational purposes only and does not constitute financial advice. Investors are advised to conduct their own research or consult a qualified financial advisor before making investment decisions. The author and publisher are not liable for any losses or damages arising from the use of this information.