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Upcoming IPO Next Week: After a long time, it is going to happen that no new IPO will open next week. But still, you will get a chance to invest in two IPOs. These are the two IPOs that opened this week, but will remain open for 1-2 days next week as well. These include IPOs of Usha Financial Services and Afcons Infrastructure. Know further when these issues will be held.
Usha Financial Services (Usha Financial Services IPO GMP)
The IPO of Usha Financial Services opened on October 24 and will close on October 28. Its listing will be on October 31. The price band of shares in the IPO is Rs 160-168, while the lot size is 800 shares. That means one can apply for a minimum of 800 shares and then multiples of the same. This is an SME IPO .
So far, Usha Financial Services IPO has been subscribed 3.37 times. According to IPO Watch, its GMP (grey-market premium) is Rs 30, which may fluctuate till listing.
Afcons Infrastructure
Afcons Infrastructure's IPO opened on October 25 and will close on October 29. Its listing will be on November 04. The price band of shares in the IPO is Rs 440-463, while the lot size is 32 shares. This is a mainboard IPO.
So far, Afcons Infrastructure's IPO has been subscribed only 0.10 times. According to IPO Watch, its GMP (grey-market premium) is Rs 15, which may fluctuate till listing.
