The year is among the busiest year in the Indian share market. Thus, September is also going to be full of new registrations giving new opportunities to invest in IPOs to investors. A lot of SME IPOs are also making their way to the stock exchange. Let us uncover the top IPO in September 2024. Recently, companies like Jeyyam Global Foods, My Mudra Fincorp and Mach Conferences and Events opened their IPO in SME segments.
Top 6 IPO In September 2024
The following are the top IPO in September 2024:
- Shubhshree Biofuels Energy: The company is going to open its IPO on 9 September 2024 and will close on 11 September 2024. It has a face value of Rs. 10 per share with a price band of Rs. 113 to Rs. 119 per share. It will raise Rs. 16.56 Crores for 13.92 Lakhs equity shares.
- SPP Polymer Limited IPO: The company is going to start its IPO on 10 September 2024 and will close on 12 September 2024. It has a face value of Rs. 10 per share with a share price of Rs. 59 per share. Its Lot Size will be 2000 shares. The company will be raising Rs. 24.49 Crores through a complete fresh issue of 41.5 Lakhs shares.
- Excellent Wires And Packaging Limited IPO: The company is going to open its IPO on 11 September 2024 and will close on 13 September 2024. It will have a face value of Rs. 10 per share and a Lot size of 1600 shares.
- Bajaj Housing Finance: It is going to open its IPO on 9 September 2024 closing on 11 September 2024 at a face value of Rs. 10 per share. The price band is between Rs. 66 to Rs. 77 per share with a Lot Size of 214 shares. Bajaj Housing Finance is going to raise Rs. 6,560 crores for 50.86 crore fresh equity shares and offer for sale of 42.86 crores.
- PN Gadgil Jewellers Limited: The company is going to open its IPO on 10 September and close on 12 September 2024. It has a face value of Rs. 10 per share with a Lot size of 31 shares. PN Gadgil Jewellers Limited will raise Rs. 1,100 crores through both fresh equity shares and offer for sale.
- Arkade Developers Limited: The company will open its IPO on 16 September 2024 and close on 19 September 2024 at a face value of Rs. 10 per share. The company’s Lot size and share price is yet to be confirmed. Arkade Developers will raise Rs. 410 crores from IPO through a complete fresh equity share.
These are the top 6 IPO in September 2024. One can have a deep analysis of these companies’ past performance before investing to have a clear picture. The first three belong to SME IPO while the rest three are from mainboard IPO.