Upcoming IPO Next Week: 11 IPOs are going to open next week. These include IPOs of Dhanlaxmi Crop Science, Toss the Coin, Jungle Camps, One Mobikwik Systems, Supreme Facility Management, Sai Life Sciences, Vishal Mega Mart, Purple United Sales, Yash Highvoltage, Inventurus Knowledge Solutions and International Gemological Institute (India). Of these, the IPOs of One Mobikwik Systems, Sai Life, Vishal Mega Mart, Inventurus Knowledge Solutions, and International Gemological Institute (India) are from the mainboard, while the remaining IPOs are from the SME category.
Name of the IPO | when will the issue open | when will it close | Price Band | Lot Size |
Dhanalakshmi Crop Science | 9 December | December | Rs 52-55 | 2000 shares |
toss the coin | 10th December | December | Rs 172-182 | 600 shares |
Jungle Camps | 10th December | December | Rs 68-72 | 1600 shares |
One Mobikwik Systems | 11 December | December | Rs 265-279 | 53 shares |
Supreme Facility Management | December | December | Rs 72-76 | 1600 shares |
Sai Life Sciences | December | December | Rs 522-549 | 27 shares |
Vishal Mega Mart | December | December | Rs 74-78 | 190 shares |
Purple United Sales | December | December | Rs 121-126 | 1000 shares |
Yash Highvoltage | December | December | Not yet announced | Not yet announced |
Inventurus Knowledge Solutions | December | December | Not yet announced | Not yet announced |
International Gemological Institute (India) | December | December | Not yet announced | Not yet announced |
What is the process of IPO
- A company decides to launch an IPO and get listed on the stock exchanges
- They apply to market regulator SEBI to launch an IPO.
- After getting approval from SEBI, companies launch IPO. IPO has two parts
- In the first part, it sells shares to institutional investors (anchor investors, i.e., big companies,s, etc.)
- Then the IPO opens for the public, in which retail, HNI,, etc. investors app.ly
- After subscription, the company allots shares to the invest,ors and the company gets listed on a fixed date.
--Advertisement--