New Delhi: Three IPOs worth Rs 10,160 crore will be launched in the week of November 18, 2024. To be sure, the bulk of this amount will be cornered by NTPC Green Energy, the renewable energy unit of state-owned power behemoth NTPC. The remaining Rs 160 crore are to be raised by Lamosaic India and C2C Advanced Systems. Both of these are SME IPOs.
It remains to be seen how these IPOs will perform in the subscription phase given the bloodbath on Dalad Street in the week ending November 15, 2024, which was shortened by a holiday.
NTPC Green Energy IPO
NTPC Green Energy IPO worth Rs 10,000 crore will be launched on November 19, 2024, till November 22, 2024. The company;s shares are likley to be listed on the exchanges by November 27, 2024. The IPO price band has been pegged at Rs 102-108 per share with a minimum lot size of 138 shares. NTPC Green Energy’s shares will be listed on the BSE and NSE exchanges. NTPC Green Energy IPO GMP stood at Rs 1 apiece, indicating a listing price of Rs 109 apiece, or a 0.93 per cent premium, according to Investorgain.
Lamosaic India IPO
Lamosaic India IPO worth Rs 61.20 crore with a price band of Rs 200 will open on November 21, 2024, and close on November 26, 2024, with potential listing on November 29, 2024. The minimum lot size is 600 shares. And the company’s share will be listed on the NSE SME index. Lamosaic India’s IPO GMP was flat at Rs 0 apiece on Saturday, according to Investorgain.
C2C Advance Systems IPO
C2C Advanced Sytems IPO worth Rs 99.07 crore will be available for subscription during November 22-26, 2024. The shares are likely to be listed on the NSE SMe index on November 29, 2024. The IPO price band has been set at Rs 214-226 apiece with a minimum lot size of 400 shares. The company’s GMP stood at a whopping Rs 220 apiece, indicating a listing price of RS 446 apiece or a 97 per cent premium over the IPO price, according to Investorgain.
IPO Listings next week
Onyx Biotec and Zinka Logistics Solutions’ IPOs will be listed on the exchanges on November 21, 2024. Onyx Biotec’s IPO worth RRs 29.34 crore will have its last subscription date on November 18, 2024. The Rs 61 apiece IPO has a minimum lot size of 2,000 shares and is likely to list on the NSE SME index. Onyx Biotec’s IPO GMP stood at Rs 15 apiece, indicating a listing price of Rs 76 apiece, or a 24.59 per cent premium, according to Investorgain.
Zinka Logistics Solutions IPO worth Rs 1,114.72 crore with a price band of Rs 259-273 apiece and a minimum lot size of 54 shares will be available for subscription for the last time on November 18, 2024. It will be listed on the BSE and NSE. Zinka Logsitcs’ IPO GMP stood at Rs 0 apiece on Saturday, according to Investorgain.
(Disclaimer: This article is only meant to provide information. News9live does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
Upcoming IPOs: From NTPC Green to Lamosaic India and C2C Advanced Systems, here are IPOs that are likely to open in the week of November 18, 2024. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
