Curated By: Business Desk
Last Updated: September 18, 2023, 11:55 IST
Initial Public Offerings or IPOs take place for the profit of a company where investors can earn through buying shares as soon as stocks become open. According to reports, 10 companies are opening their IPOs this upcoming week and it is a good chance for the investors to spend the money rightfully. Let us take a look at the 10 companies:
Signature Global India, a real estate developer company, is going to open its IPO on September 20, and it will close on September 22. The company has a public issue of Rs 730 crore, for which a price band of Rs 366 to Rs 385 per share has been fixed.
Sai Silks Kala Mandir, an apparel company from Telangana is opening its IPO on September 20. Again, the bidding on this IPO is going to take place till September 22. The price band being offered here is Rs 210 to Rs 222 per share. The aim of the company is to raise Rs 1201 crore through their IPO.
Manoj Vaibhav James and Jewellers, which is an Andhra Pradesh-based company is going to open its IPO on September 22. September 26 is the last date to make investments in this company. The price band here is fixed at Rs 204 to Rs 215 per share. They aim to raise Rs 270 crore through the IPO.
The country’s leading spice-making company Madhusudan Masala is going to open their IPO on September 18 and the closing date for the investments is September 21. The price band is fixed at Rs 66 to Rs 70 per share. The company wants to earn Rs 23 crore from the IPO.
Technogreen Solutions, an SME (Small and Medium Sized Enterprise) company is going to launch its IPO on September 18, and the last day for investment is September 21. Rs 46 per share is the price band of the company and they plan to get Rs 16.72 crore from this IPO opening.
The IPO for another SME company, Master Components, is starting on September 18, and will continue till September 21. They plan to get Rs 15. 40 crore.
SME companies Hi-Green Carbon, and Mangalam Alloys, are going to open their IPO on September 21, the investments can be made till September 25. Their aim is to get Rs 52.8 crore and Rs 54.91 crore respectively.
Marco Cables and Conductors, an SME company is opening their IPO on September 21 and it is ending on September 25. The size of their IPO is Rs 18 crore.
The SME company Organic Recycling Systems is opening its IPO on September 21 and it will end on September 26. The company wants Rs 50 crore through the IPO.