IPOs galore next week; 4 companies from SMEs to the main board will open their issues, offering investors numerous opportunities.

The coming week is going to be a busy one for investors in the primary market, as four new IPOs are set to open for investment this week, starting February 23rd.

 

IPOs galore next week

 

 

Upcoming IPOs Next Week: The coming week is going to be a busy one for investors in the primary market. Four new IPOs are set to open for investment this week, starting February 23rd. This is likely to generate interest from major investors. Let's explore the opportunities available to investors...

1. Striders Impex IPO

 

A new issue is coming to the SME segment in the coming week. Striders Impex is opening its ₹36.29 crore (US$1.6 billion) IPO on February 26. The company has set a price band of ₹71 to ₹72 per share for this public issue.

Investors will need to bid for a stake in the company in a lot size of 1,600 shares by March 2. Following the subscription, the company's shares are expected to be listed on the NSE SME platform on March 6, according to the schedule.

2. Kiaasa Retail IPO

Kiaasa Retail's ₹69.72 crore initial public offering (IPO) will open for investment on February 23. Investors can place their bets on the company until February 25. The company has set a price band of ₹121 to ₹127 per share for the issue.

Investors must apply with a minimum lot size of 1,000 shares. According to reports, the company's shares are expected to be listed on the BSE SME platform on March 2.

3. Shree Ram Twistex IPO

Shree Ram Twistex's IPO in the mainboard segment will open for investors on February 23. Applications can be made until February 25. The company is seeking to raise ₹110.24 crore through this issue.

The company has set a price band of ₹95 to ₹104 per share. Investors will have to bid in a lot size of 144 shares. The shares are expected to be listed on the BSE and NSE on March 2nd.

4. Clean Max Enviro Energy Solutions IPO

The Clean Max Enviro Energy Solutions IPO opens on February 23rd. The company is seeking to raise approximately ₹3,100 crore through its IPO. Applications for this public issue are open until February 25th.

The company has set a price band of ₹1,000 to ₹1,053 per share. Investors must apply in lot sizes of 14 shares. The company is expected to list on the BSE and NSE on March 2nd.