Upcoming IPOs This Week: SME issues, ongoing bids, allotments, and listings – What you need to know

With two new SME IPOs opening, five ongoing public issues, and several allotments and listings set for the week, investors have plenty to keep track of. Whether you're looking to invest in new opportunities or awaiting allotment results, this week promises to be packed with action.

Here’s a breakdown of the upcoming IPOs, allotments, and listings:

New IPOs Opening This Week

1. HP Telecom India

Subscription Period: February 20 to February 24

Price Band: Rs 108 per share

Lead Manager: Interactive Financial Service

Registrar: Bigshare Services

Market Maker: Aftertrade Broking

Expected Allotment Date: February 25

Listing Date: February 28 on the NSE SME Exchange

Founded in 2011, HP Telecom India initially focused on distributing mobile phones and accessories. It has since expanded to offer home appliances like LCD/LED home theatres and air conditioners.

2. Beezaasan Explotech

Subscription Period: February 21 to February 25

Price Band: Rs 165 to Rs 175 per share

Issue Size: Rs 59.93 crore (34.25 lakh fresh shares)

Lead Manager: Smart Horizon Capital Advisors

Registrar: Kfin Technologies

Market Maker: Rikhav Securities

Expected Allotment Date: February 27

Listing Date: March 3 on the BSE SME Exchange

Beezaasan Explotech, founded in 2013, manufactures and supplies explosives and accessories, including slurry, emulsion, and detonating explosives for industries like cement, mining, and defense.

Ongoing IPOs

Several IPOs from the previous week will continue their subscription periods:

Shanmuga Hospital (BSE SME): Subscriptions open until February 17

L.K. Mehta Polymers (BSE SME), Quality Power IPO, Royalarc Electrodes (NSE SME), and Tejas Cargo (NSE SME): Subscriptions open until February 18

IPO Allotments to Watch This Week

Investors can expect allotments for the following IPOs:

February 17: PS Raj Steels (NSE SME), Hexaware Technologies, Voler Car (NSE SME), Maxvolt Energy (NSE SME)

February 18: Shanmuga Hospital (BSE SME), L.K. Mehta Polymers (BSE SME)

February 19: Quality Power IPO, Royalarc Electrodes (NSE SME), Tejas Cargo (NSE SME)

IPO Listings to Watch This Week

Here are the upcoming IPO listings:

February 17: Chandan Healthcare (NSE SME), Ajax Engineering

February 19: PS Raj Steels, Hexaware Technologies, Voler Car (NSE SME), Maxvolt Energy (NSE SME)

February 20: Shanmuga Hospital (BSE SME), Quality Power IPO

February 21: L.K. Mehta Polymers (BSE SME)