No mainboard IPOs are slated for October 2024, a month that will go down in history for hosting the biggest IPO in Indian history – that of Hyundai which will raise Rs 27,870 crore. However, 2 SME IPOs are scheduled to hit Dalal Street in the second half of October.
Lakshay Powertech IPO will open for bidding on October 16 and closes on October 18, while Freshara Agro Exports will open on October 17. You can also bid for Pranik Logistics issue till October 14, which opened on October 10.
Lakshay Powertech price, lot, allotment
Lakshya Powertech IPO is designed to mop up Rs 49.91 crores through a fresh issue of 27.73 lakh shares.
The price of an equity share of Lakshya Powertech has been fixed at Rs 171-180. The minimum lot for a retail investor is 800 shares which needs an investment of Rs 1.44 lakh.
Lakshay Powertech GMP, allotment
Lakshay Powertech recorded a GMP of Rs 51 on October 9 that jumped to Rs 100 on October 10 and remained steady at that level on October 11, indicating a listing gain of 55.56%, according to investorgain. However, it is an official estimate that can change with time.
Lakshya Powertech allotment will be finalised on October 21, while listing will take place in NSE on October 23, 2024.
Freshara Agro Exports price, lot, allotment
Freshara Agro Exports IPO is designed to raise Rs 75.39 crores. The price of a share has been fixed at Rs 110-116, while a retail investor has to invest for a minimum of 1,200 shares which will cost them Rs 139,200.
Freshara Agro Exports GMP, allotment
According to investorgain, the GMP of Freshara Agro Exports IPO stood at Rs 21 on October 11, which indicated a listing gain of 18.1%, considering an issue price of Rs 116. One must remember it is an unofficial estimate and there is no guarantee of this price playing out on listing day.
Allotment of Freshara Agro Exports IPO will be decided on October 22 and listing will take place in NSE on October 24.
(Disclaimer: This article is only meant to provide information. News9live.com does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
Two SME IPOs will hit D Street in the second half of October which will certainly be remembered for the biggest IPO of Hyundai. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
