IPO Next Week: The new businessman week is going to start from Monday 17 February. In such a situation, if you are thinking of investing in IPO, then this news may be necessary for you. Today we are going to tell you about the IPO in this news whose subscription is going to be closed next week. Let’s know one by one.
L.K. Mehta Polymers Limited IPO
The subscription of this SME IPO is going to be closed on February 17 at 4:50 pm. Its subscription was opened on 13 February. This IPO is a completely fresh issue where the company is offering 10.40 lakh equity shares. The size of this IPO is Rs 7.38 crore.
The company has kept the fix price of this IPO at Rs 71 and has fixed a lot size of 1600 shares. Accordingly, retail investors will have to invest a minimum of Rs 1,13,600.
Shanmuga Hospital Limited IPO
The subscription of this SME IPO is going to be closed on February 17 at 4:50 pm. Its subscription was opened on 13 February. This IPO is a completely fresh issue where the company is offering 38.18 lakh equity shares. The size of this IPO is Rs 20.62 crore.
The company has kept the fix price of this IPO at Rs 54 and has fixed a lot size of 2000 shares. Accordingly, retail investors will have to invest a minimum of Rs 1,08,000.
Quality Power Electrical Equipments Limited IPO
The subscription of this mainboard IPO is going to be closed on February 18 at 4:50 pm. Its subscription was opened on 14 February. The company wants to raise Rs 225 crore by issuing 0.53 crore shares through a fresh issue and wants to raise Rs 633.70 crore by issuing 1.49 crore equity shares through the Offer for Sale (OFS).
The size of this IPO is Rs 858.70 crore. The company has kept the price band of this IPO at Rs 401-425 and has fixed a lot size of 26 shares. Accordingly, retail investors will have to invest a minimum of Rs 10,426.
Royalarc Electrodes Limited IPO
The subscription of this SME IPO is going to be closed at 4:50 pm on February 18. Its subscription was opened on 14 February. The company wants to raise Rs 21.60 crore by issuing 18 lakh shares through fresh issue and wants to raise Rs 14.40 crore by issuing 12 lakh equity shares through the Offer for Sale (OFS).
The size of this IPO is Rs 36 crore. The company has kept the price band of this IPO at Rs 114-120 and has fixed a lot size of 1200 shares. Accordingly, retail investors will have to invest a minimum of Rs 1,36,800.
India Limited IPO TWARES
The subscription of this SME IPO is going to be closed on February 17 at 4:50 pm. Its subscription was opened on 13 February. This IPO is a completely fresh issue where the company is offering 63 lakh equity shares. The size of this IPO is Rs 105.84 crore.
The company has kept the price band of this IPO at Rs 160-168 and has fixed a lot size of 800 shares. Accordingly, retail investors will have to invest a minimum of Rs 1,28,000.