After a sole IPO of JNK India closing week, the most main market is wait on to hibernation within the mainboard section as there are now not any novel public provides opening next weekend.
Nonetheless, 3 SME issues and 4 listings are serene going to rob patrons' attention. The public offer of JNK India, which bought a healthy subscription of over 28 instances, will additionally peek its shares listed at the bourses.
Analysts acknowledged they proceed to live optimistic about the likely of the upcoming public issues.
"No subject a lackluster starting build to the novel financial year FY25 within the IPO market, we are optimistic about the likely of the upcoming public issues," acknowledged Mahavir Lunawat, MD, Pantomath Capital.
That is what's on the IPO desk next week
Sai Swami Metals and Alloys IPO
The initial public offer (IPO) of Sai Swami Metals will delivery for subscription on April 30 and shut on Can even 3. The firm plans to raise about Rs 15 crore by scheme of the public venture.
The IPO is priced at Rs 60, the build patrons can relate for 2000 shares in 1 lot.
About 50% of the offer is reserved for retail patrons and 50% for other patrons.
The firm is actively all in favour of the buying and selling and marketing of a comprehensive array of stainless metal products, addressing the varied wants of our discerning prospects.
The product line is particularly designed to encompass a colossal probability of kitchenware, in conjunction with dinner sets, SS Casseroles, SS Multi Kadai, SS Water Bottles, Stainless Metal Sheets, Stainless Metal Circles, and various styles of utensils.
Amkay Merchandise IPO
The public offer of Amkay Merchandise will additionally delivery on April 30 and shut on Can even 3. The firm plans to raise Rs 12.61 crore by scheme of the venture.
The firm has mounted a label band of Rs 52-55 per piece and patrons can relate for 2000 shares in one lot.
About 50% of the offer is reserved for licensed institutional patrons, 35% for retail patrons, 15% for non-institutional patrons.
The firm makes, assembles and markets a comprehensive portfolio of scientific gadgets, disposables and other healthcare products fancy
face camouflage, alcohol swabs, lancet needles, nebulizer, pulse oximeter, surgeon cap passe by healthcare centers, hospitals/clinics,
nursing properties etc.
Storage Applied sciences and Automation IPO
The public offer of storage Applied sciences and Automation will kick off from April 30 and must serene be accessible for the public to relate except Can even 3.
The IPO is priced within the vary of 73-78 per piece and patrons can relate for 1600 shares in one lot.
About 50% of the offer is reserved for licensed institutional patrons, 35% for retail patrons, 15% for non-institutional patrons.
The firm specialises in get, manufacturing, installation services of metal storage racks, computerized warehouses and other storage choices.
(Disclaimer: Recommendations, solutions, views and opinions given by the experts are their indulge in. These produce no longer represent the views of Economic Cases)
