IPOs Opening This Week Overview- Upcoming IPO Subscription Details
Here's the invaluable information you need: the 6 IPOs scheduled to open this week. Choose wisely and invest so that your returns will be multifold!
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As the definition goes by, an Initial Public Offering, or IPO, is the procedure through which a private business can list itself in the stock market by offering its shares to the public for the very first time.
We bring you the latest stock market news this week- all about this week's IPOs:
a. Baweja Studios IPO
On January 29th, Baweja Studios will commence its IPO, the biggest this week. The leading commercial film production company expects 97.2 crore, with 170-180 INR per share.
b. Gabriel Pet Straps IPO
On January 31st, the famous Gabriel Pet Straps' fixed price issue will open for subscription. At 101 INR per share, an 8.06 crore collection is expected.
c. Mayank Cattle Food IPO
On January 29th, Mayank Cattle Food, the leading Gujarat-based oil company, will open its IPO. The fixed price issue per share is 108 INR, attempting to rise 19.44 crore.
d. Harshdeep Hortico IPO
On January 29th, Harshdeep Hortico, the leading manufacturer and supplier of pots and planters, will commence its IPO. The company expects 19.09 crore, with 42-45 INR per share.
e. Megatherm Induction IPO
On January 29th, Megatherm Induction, the leading induction heating and melting product manufacturer, will launch its IPO. The company expects 53.91 crore, with 100-108 INR per share.
f. BLS E-Services IPO
On January 30th, BLS E-Services, the leading technology-enabled digital service provider, will open its IPO. The fixed price issue per share is 129-135 INR, attempting to rise 310.9 crore.
IPO subscription guidelines state that an adult must have a valid trading account and a PAN card before applying for an IPO. A Demat account is the ultimate answer, along with a trading account to list the shares.
The factors that influence the share price are:
Market sentiments
Grey market premium
Future prospects of the company
Promoter offload of shares
Change in policy/economic factors related to the industry
As the jargon goes, think, judge, and evaluate carefully before considering the latest IPOs for investment!
