India’s share market is the busiest in 2024. Thus, a lot of new registrations follow every week. The investors remain excited to invest in both SME and mainboard IPO. A lot of companies opened up to IPOs this week. It includes companies like Rapid Valves, BikeWo Green Tech, Divyadhan Recycling Industries and more. Let us discuss below the Top 5 IPOs from SME and mainboard registrations.

IPOs Next Week

Top 5 Mainboard IPO

  1. Diffusion Engineers Limited: The company will open its IPO on 26 September 2024 and close on 30 September 2024. It has a face value of Rs. 10 per share with a price band between Rs. 159 to Rs. 168 per share. Employees will get a special discount of Rs. 8 per share. It is a major IPO. Following are details about some upcoming top SME IPOs.
  2. Paramount Dye Tec: The company will open its IPO on 30 September 2024 and close on 3 October 2024 at a face value of Rs. 10 per share. It has a price band between Rs. 111 to Rs. 117 per share. Paramount Dye will raise Rs. 28.43 crores with a fresh issue of 24.3 Lakhs shares. The company is providing a lot size of 1200 shares.
  3. Subam Paper: The company will open its IPO on 30 September 2024 and close on 3 October 2024 at a face value of Rs. 10 per share. It has a Lot size of 800 shares and will raise Rs. 93.70 crores consisting of 61.65 Lakhs shares in fresh equity. The IPO has a price band between Rs. 144 to Rs. 152 per share.
  4. NeoPolitan Pizza And Foods Limited: The company will open its IPO on 30 September 2024 and close on 4 October 2024 at a face value of Rs. 10 per share. It has a Lot size of 6,000 shares. NeoPolitan Pizza will raise Rs. 12 crores with a fresh equity share issue of 60 Lakhs share. The company will have its registration on both BSE and MSE by providing 50% for retail and other with 50% for others as well.
  5. HVAX Technologies: The company will open its IPO on 27 September 2024 and close on 1 October 2024 at a face value of Rs. 10 per share. The company has a price band between Rs. 435 to Rs. 458 per share with a Lot size of 300 shares. It will raise Rs. 33.53 crores with a fresh issue of 7.32 Lakhs shares. The company will register on both BSE and MSE.

These are the top 5 IPOs in the upcoming week. However, we do recommend studying more about the company’s IPOs before investing. The primary goal of each IPO is to expand the business further while working on quality.


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