New Delhi, July 6 (H.S.): In the upcoming business week starting Monday, five companies are slated to launch their IPOs, including Travel Food Services in the mainboard segment and four others in the SME segment. Investors can also bid in two IPOs that opened last week, available until July 7, and one IPO closing on July 8. Moreover, in the following week, nine companies are preparing to start trading through stock market listings.
On July 7, Travel Food Services’ ₹2,000 crore IPO will open for subscription, lasting until July 9. The price band is set between ₹1,045 and ₹1,100 per share, with a lot size of 13 shares. Allotment of shares is scheduled for July 10, followed by their listing on BSE and NSE on July 14.
On the same day, Chemcart India Ltd will launch its IPO valued at ₹80.08 crore, which will also close on July 9. The price band is established at ₹236 to ₹248 per share, with a lot size of 600 shares. Share allotment will occur on July 10, and the company’s shares will be listed on the BSE SME platform on July 14.
Simultaneously, Smarten Power Systems will open its ₹50 crore IPO for subscription, also closing on July 9. The share price is fixed at ₹100, and the lot size is 1,200 shares. Allotment is set for July 10, with shares listed on the NSE SME platform on July 14.
On July 8, Glenn Industries’ IPO, worth ₹63.02 crore, opens for subscription until July 10. The price band is fixed between ₹92 and ₹97 per share, with a lot size of 1,200 shares. Share allotment will take place on July 11, and listing will occur on the BSE SME platform on July 15.
Aston Pharmaceuticals’ IPO, valued at ₹27.56 crore, will open for subscription on July 9 and close on July 11. The price band is set at ₹115 to ₹123 per share, with a lot size of 1,000 shares. Allotment is planned for July 14, followed by listing on the BSE SME platform on July 16.
Additionally, two ongoing IPOs—Cryogenic OGS Limited worth ₹17.77 crore and White Force Limited valued at ₹24.25 crore—can be bid on until July 7. Cryogenic’s shares are priced at ₹47 per share and 3,000 shares per lot, and have been subscribed 99.67 times thus far. Its share allotment will happen on July 8, with a listing on July 10. White Force has a price band of ₹72 to ₹76 per share, with a lot size of 1,600 shares, and has achieved 59% subscription. Its share allotment will be on July 8, with listing following on July 10.
For the IPO of Meta Infotech worth ₹80.18 crore, which opened on July 4, bidding can continue until July 8. The price band is set between ₹153 and ₹161 per share, with a lot size of 800 shares, and it has been subscribed 2.90 times. Allotment will take place on July 9, with listing scheduled on the BSE SME platform on July 11.
Next week will see the first day of trading for five companies on the SME platforms, along with listings for established firms over subsequent days.
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Hindusthan Samachar / Jun Sarkar
