The IPO market is gearing up for an active week as six new initial public offerings (IPOs) are set to open for investors in the last week of February 2024. Among them, three are scheduled on the mainboard, while the remaining three are Small and Medium Enterprises (SME) offerings.
1. Owais Metal and Mineral Processing IPO:
- Subscription Period: February 26, 2024, to February 28, 2024
- Issue Details: Book-built issue of ₹42.69 crore, fresh issue of 49.07 lakh shares
- Price Band: Rs 83 to Rs 87 per share
2. Platinum Industries IPO:
- Subscription Period: February 27, 2024, to February 29, 2024
- Issue Details: Book-built issue of Rs 235.32 crore, fresh issue of 1.38 crore shares
- Price Band: Rs 162 to Rs 171 per share
3. Bharat Highways InvIT IPO:
- Subscription Period: February 28, 2024, to March 1, 2024
- Issue Details: Book-built issue worth Rs 2,500 crore, fresh issue of 25 crore shares
- Price Band: Rs 98 to Rs 100 per share
4. Exicom Tele Systems IPO:
- Subscription Period: February 27, 2024, to February 29, 2024
- Issue Details: Book issue of Rs 429.00 crore, fresh issue of 2.32 crore shares, offer for sale of 0.7 crore shares
- Price Band: ₹135 to ₹142 per share
5. Poor Flexiback IPO:
- Subscription Period: February 27, 2024, to February 29, 2024
- Issue Details: Book issue of ₹40.21 crore, fresh issue of 56.64 lakh shares
Investors are advised to carefully analyze the details of each IPO, including subscription periods, issue sizes, and price bands, to make informed investment decisions.
