Upcoming IPOs: Seven new IPOs to open for subscription, five listings are scheduled for this week; check full list

With the booming stock market in India, investors are also keeping a close watch on the primary markets to make the best out of the new public offers. The primary markets kept the investors busy this week with subscription and listing of many initial public offerings (IPOs).

Keeping the primary market abuzz, two mainboard IPOs are opening for subscription next week, while four SME public offerings will make their market debut.

Here are the mainboard IPOs opening for subscription next week:

Interarch Building Products IPO (August 19)

The initial public offer of pre-engineered steel construction solutions provider Interarch Building Products will open for subscription on Monday, August 19 and close on Wednesday, August 21.

Interarch Building Products IPO size is ₹600.29 crore. The book-built issue consists of a combination of fresh issue of 22 lakh shares aggregating to ₹200 crore along with an offer for sale component of 44 lakh shares aggregating to ₹400.29 crore.

The IPO’s price band has been fixed at ₹850 to ₹900 per share. Retail investors can bid for a minimum lot size of 16 shares, which aggregates to an investment of ₹14,400.

The share allotment status will be finalised on Thursday, August 22. Shares of Interarch Building will list on the BSE and NSE. The tentative listing date is Monday, August 26.

Orient Technologies Limited IPO (August 21)

Orient Technologies IPO subscription will begin on August 21 and close on August 23.

The price band for Orient Technologies IPO was fixed at ₹195 to ₹206 per share. Retail investors can apply for the public issue by placing bids for a minimum lot size of 72 shares, which aggregates to an investment of ₹14,832.

The share allotment status is likely to be finalised on Monday, August 26. Shares of the company will list on the BSE and NSE. The tentative listing date is Wednesday, August 28.

Five SME IPOs to open for subscription

The SME public offers opening for bidding this week are Brace Port Logistics Limited IPO and Forcas Studio Limited IPO.

Brace Port Logistics Limited IPO (August 19)

Brace Port Logistics IPO’s subscription window is scheduled to open on August 19 and is expected to close on August 21.

The company plans to raise ₹24.41 crore from this public issue. The NSE SME issue comprises an entirely fresh issue of 30.51 lakh shares.

The price band was set at ₹76 to ₹80 per share. Retail investors can apply for the public issue by placing bids for a minimum lot size of 1600 shares, which aggregates to an investment of ₹1,28,000.

The share allotment status is expected to be decided on August 22. Shares of Brace Port Logistics will list on the NSE SME platform, Emerge. The tentative listing date is August 26.

Holani Consultants Private Limited is the book running lead manager and Holani Consultants is the market maker for the issue. The registrar for the IPO is Link Intime India Private Ltd.

Forcas Studio Limited IPO (August 19)

Forcas Studio IPO’s subscription window is scheduled to open on Monday, August 19 and is expected to close on Wednesday, August 21.

The company plans to rasie ₹37.44 crore from the IPO. The public offer consists of an entirely fresh issue of 46.8 lakh shares.

The price band was fixed at ₹77 to ₹80 per share. Retail investors can place bids for a minimum lot size of 1,600 shares which aggregates to an investment of ₹1,28,000.

The share allotment status is likely to be finalised on August 22. Shares of Forcas Studio will list on the NSE SME platform, Emerge. The tentative listing date is August 26.

The book running lead manager is Horizon Management Private Limited and Mas Services Limited is the registrar for the issue. The IPO market maker is Giriraj Stock Broking.

QVC Exports Limited IPO (August 21)

QVC Exports IPO will be open for subscription between 21 and 23 August. The export business company plans to raise ₹24 crore from the IPO, which combines a fresh issue of ₹17.6 crore and an offer for sale of ₹ 6.4 crore. The lot size is 1600 shares, with a price band of ₹86 per share.

Khandwala Securities Limited is serving as the book-running lead manager for the IPO. QVC Exports is involved in the trade of ferroalloys, such as high-carbon silico manganese, low-carbon silico manganese, high-carbon ferromanganese, high-carbon ferrochrome, and ferrosilicon.

Ideal Technoplast Industries IPO (August 21)

Ideal Technoplast Industries IPO’s subscription window is scheduled to open on Wednesday, August 21 and is expected to close on Friday, August 23.

Ideal Technoplast Industries Limited is a rigid plastic packaging manufacturer offering its products to both domestic and international markets. The company plans to raise ₹16.03 crore from this public issue. The lot size is 1000 shares, with a price band of ₹121 per share.

Resourceful Automobile IPO (August 22)

Resourceful Automobile IPO will be open for subscription between 22 and 26 August. Resourceful Automobile sells Yamaha two-wheelers under the name “Sawhney Automobile”. It has two showrooms in New Delhi. The company plans to raise ₹11.9 crore from this public issue. The lot size is 1200 shares, with a price band of ₹117 per share.

The company will IPO proceeds to open new showrooms in Delhi/NCR region, repay its debt and meet its working capital requirement.

5 IPO listings scheduled next week

As many as 5 public offers are scheduled to list on stock exchanges in the coming week. The IPOs include the mainboard issue of Saraswati Saree Depot and SME issues of Positron Energy, Sunlite Recycling Industries, Broach Lifecare Hospital and Solve Plastic Products.

The tentative listing date for Positron Energy IPO and Sunlite Recycling Industries IPO is August 20. Shares of both companies will be listed on the NSE SME platform, Emerge. The two issues opened for subscription on August 12 and closed on August 14.

Shares of Broach Lifecare Hospital and Solve Plastic Products are expected to list on the stock exchanges on August 21. Shares of Broach Lifecare Hospital will list on the BSE SME platform and shares of Solve Plastic Products will list on the NSE SME platform. The subscription window for both the IPOs was open from August 13 to August 16.