After the launch of Bharti Hexacom’s mega IPO, the mainboard IPO market is set for a brief respite with no new offerings scheduled for the week.
However, activity in the small and medium enterprises (SMEs) segment will continue, as three new public issues are poised to debut in the primary market.
IPO opening this week
Teerth Gopicon IPO
Teerth Gopicon’s IPO is scheduled to open for subscription on April 8, 2024, and will close on April 10, 2024. The fixed price issue amounts to Rs 44.40 crore, offering 40 lakh shares.
Priced at Rs 111 per share, Interactive Financial Services serves as the book running lead manager, with Bigshare Services Pvt Ltd appointed as the registrar. Giriraj Stock Broking acts as the market maker for this IPO.
DCG Cables & Wires IPO
Simultaneously, DCG Cables & Wires’ IPO will open for subscription on April 8, 2024, closing on April 10, 2024. With a fixed price issue of Rs 49.99 crore, the IPO offers 49.99 lakh shares.
Priced at Rs 100 per share, Interactive Financial Services oversees as the book running lead manager, and Bigshare Services Pvt Ltd as the registrar. Nikunj Stock Brokers takes on the role of market maker for this offering.
Greenhitech Ventures IPO
Greenhitech Ventures’ IPO will open for subscription on April 12, 2024, and close on April 16, 2024. The fixed price issue amounts to Rs 6.30 crore, offering 12.6 lakh shares at Rs 50 per share.
Beeline Capital Advisors is appointed as the book running lead manager, with Skyline Financial Services Private Ltd serving as the registrar. Spread X Securities takes on the role of market maker for this IPO.
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