Market News
Upcoming IPOs next week: Paradeep Parivahan, Divine Hira Jewellers issues to open; 2 listings scheduled; check list
.png)
2 min read | Updated on March 13, 2025, 13:16 IST
SUMMARY
Paradeep Parivahan IPO, which is completely a fresh issuance of 45.78 lakh shares worth ₹44.86 crore, will open on March 17. The issue, with a price band of ₹93 to ₹98 per share, will conclude on March 19.
PDP Shipping and Projects, and Super Iron Foundry IPOs will list on the SME platform of the BSE on March 18 and March 19, respectively. | Image: Shutterstock
Upcoming IPOs: The week starting March 17 will not see any mainboard IPO hitting the market amid the correction in the Indian stock exchanges. Two SME Public issues - Paradeep Parivahan IPO and Divine Hira Jewellers IPO - will open for subscription next week.
The initial public offers of PDP Shipping and Projects, and Super Iron Foundry will also list on the SME platform of the BSE on March 18 and March 19, respectively.
Paradeep Parivahan IPO
The money raised will be used for working capital needs and corporate general purposes.
Investors can apply for one lot consisting of 1,200 shares. The minimum investment requirement is ₹1,11,600.
| Paradeep Parivahan IPO | Date |
|---|---|
| IPO Subscription Period | March 17 to March 19 |
| Allotment | March 20 |
| Initiation of Refund | March 21 |
| Credit of Shares to Demat | March 21 |
| Listing on BSE SME | March 24 |
Divine Hira Jewellers IPO
The initial share sale is a fresh issue of 35.38 lakh shares aggregating to ₹31.84 crore. The proceeds will be used for working capital requirements, clear debt and general corporate purposes.
A lot, consisting of 1,600 shares, will need an investment of ₹1,44,000.
| Divine Hira Jewellers IPO | Date |
|---|---|
| IPO Subscription Period | March 17 to March 19 |
| Allotment | March 20 |
| Refund initiation | March 21 |
| Credit of Shares to Demat | March 21 |
| Listing on NSE SME | March 24 |
About The Author
Next Story
