Upcoming IPOs: No mainboard openings, six SME issues to launch next week; check list

Upcoming IPOs: At least six initial public offerings will open for subscription next week, with no new mainboard offerings scheduled. The SME issues that will hit the primary market next week include NFP Sampoorna Foods, Kasturi Metal Composite, Kanishk Aluminium India, Accretion Nutraveda, Msafe Equipments and CKK Retail Mart.

Listings that will take place next week include Shadowfax Technologies, Digilogic Systems, KRM Ayurveda, Hannah Joseph Hospital and Shayona Engineering.

CKK Retail Mart is the biggest SME issue to go live next week. The company is seeking to raise ₹88.02 crore via fresh issuance of 44,08,000 shares and an OFS of 9,92,000 shares by promoter Sakuma Infrastructure and Realty Private Limited. The fresh issue proceeds will be used for the acquisition of leasehold plots along with warehouses constructed upon the said plots, repair and refurbishment of the warehouses situated on the leasehold plots, working capital needs and general corporate purposes.

Kasturi Metal Composite IPO

• Issue size: ₹17.61 crore (fresh issue)
• Price band: ₹61 to ₹64 per share
• Subscription period: Opens January 27, closes January 29
• Listing: February 3
• Lot size for individual investors: 4,000 shares

NFP Sampoorna Foods IPO

• Issue size: ₹24.53 crore (fresh issue)
• Price band: ₹52 to ₹55 per share
• Subscription period: Opens January 27, closes January 29
• Listing: February 3
• Lot size for individual investors: 4,000 shares

Kanishk Aluminium India Foods IPO

• Issue size: ₹29.20 crore (fresh issue)
• Price band: ₹73 per share
• Subscription period: Opens January 28, closes January 30
• Listing: February 4
• Lot size for individual investors: 3,200 shares

Msafe Equipments IPO

• Issue size: ₹66.42 crore (fresh issue + OFS)
• Price band: ₹116 to ₹123 per share
• Subscription period: Opens January 28, closes January 30
• Listing: February 4
• Lot size for individual investors: 2,000 shares

Accretion Nutraveda IPO

• Issue size: ₹24.77 crore (fresh issue)
• Price band: ₹122 to ₹129 per share
• Subscription period: Opens January 28, closes January 30
• Listing: February 4
• Lot size for individual investors: 2,000 shares

CKK Retail Mart IPO

• Issue size: ₹88.02 crore (fresh issue + OFS)
• Price band: ₹155 to ₹163 per share
• Subscription period: Opens January 30, closes February 3
• Listing: February 6
• Lot size for individual investors: 1,600 shares