This week, one mainboard company and five smaller companies are set to debut on the exchange.
Indo Farm Equipment Ltd. will be the sole mainboard listing this week with 229.68 subscriptions as of Thursday’s auction close. The IPO allotment of Rs 260 crore was completed last Friday.
For manufactured tractors and cranes, NII led the IPO demand, with the portion reserved for NII oversubscribed by 503.83 times. The number of subscriptions for QIB and retail part was 242.40 and 104.92 respectively.
In the SME sector, five stocks are scheduled to be listed on the BSE SME, starting with Technichem Organics Ltd. on January 7.
Leo Dried Fruit and Spice Trading Co. has closed its offering and plans to list on the exchange on January 8th.
Davin Sons Retail Ltd. and Parmeshwar Metal Ltd. started recruitment on January 2nd and closed on January 6th. Both companies will be listed on the exchange on January 9th.
While Davin Sons Retail’s IPO included only 1.596 million new shares for a total value of Rs 8.78 billion, Parmeshwar Metal’s IPO included 4.056 million shares for a total value of Rs 2.47 billion. It reached Rs.
Fabtech Technologies Cleanrooms Ltd. started its offering from Friday, offering 32.6 million shares worth a total of Rs 2,774 crore. It is scheduled to be listed on the stock exchange on January 10th.
