Dalal Street Gears Up for Busy Week with 5 Market Debuts and 2 IPOs in Pipeline
The upcoming week is going to be very exciting for stock market investors. Dalal Street is all set for a busy trading week that will see 5 market debuts and 2 IPOs in the pipeline. This week is bringing new opportunities for companies from different sectors, where every investor would want to take his share. During this time, investors will keep an eye on the IPOs that are about to open and also on those shares that will debut in the market for the first time. The most searched topic at this time is upcoming IPO news, which is attracting both retail and institutional investors.
Upcoming IPO News: Vikran Engineering and Anlon Healthcare
This week, the spotlight on Dalal Street will be on two IPOs—the Vikran Engineering IPO and the Anlon Healthcare IPO. Both these offerings are among the biggest upcoming IPO news of this week.
Vikran Engineering IPO is a book-built issue of Rs 772 crore. It will have 7.43 crore fresh shares issued worth Rs 721 crore and 0.53 crore shares will be offered for sale worth Rs 51 crore. The IPO subscription window will be open from 26 August to 29 August. Allotment will be finalized on 1 September and shares will be listed on BSE and NSE on 3 September.
The price band of this IPO has been fixed at Rs 92 to Rs 97 per share. The minimum lot size for retail investors will be 148 shares, which means a minimum investment of Rs 13,616. If we talk about small non-institutional investors (SNII), then the lot size for them will be 2,072 shares, and for BNII investors, the requirement will be 10,360 shares whose investment amount will be above Rs 10 lakh.
The Anlon Healthcare IPO is also a major highlight which is coming with a fresh issue of Rs 121.03 crore. This IPO will also open on 26 August and close on 29 August. Allotment date has been fixed as 1 September and listing will be on 3 September. The price band has been fixed at Rs 86 to Rs 91 per share. The minimum lot size for retail investors is 164 shares, whose value will be Rs 14,104. Separate lot sizes have been decided for SNII and BNII in which investment will be between Rs 2 lakh and Rs 10 lakh. These two IPOs are the upcoming IPO news currently in the highest demand.
Market Debuts on Dalal Street with Upcoming IPO News
This week you will not only see IPOs but also new market debuts on Dalal Street. Patel Retail, Vikram Solar, Gem Aromatics, and Shreeji Shipping Global will take their first steps in the stock market on 26 August.
Apart from this, Mangal Electrical Industries, whose allotment was finalized on 25 August, will also make its market debut on 28 August, whose allotment was finalized on 25 August. All these companies come from different sectors, which means new opportunities for diversification for investors. Due to these listings, the upcoming IPO news is creating more buzz.
Expected Listing Gains Highlighted in Upcoming IPO News
There is always one thing on Dalal Street in which investors are most interested—expected listing gains. This estimate is given on the basis of the grey market premium (GMP) and currently, upcoming IPO news related to it is going on everywhere.
Mangal Electrical IPO’s GMP is reported as Rs 23, while the issue price is Rs 561. According to this, the listing price can go up to Rs 584 which shows a gain of 4.10%. Patel Retail IPO’s GMP is Rs 48 and issue price is Rs 255. The expected listing price can be Rs 303, which can show a gain of 18.82%.
Vikram Solar IPO is also giving strong signals for investors. Its GMP is Rs 39 and the issue price is Rs 332. The expected listing price could be Rs 371 which indicates a gain of 11.75%. Similarly, Gem Aromatics IPO has GMP of Rs 26 and the issue price is Rs 325, which indicates an expected listing price of Rs 351 and a profit of 8%.
Why Upcoming IPO News is Crucial for Dalal Street
This week is also special for Dalal Street because multiple companies are entering the market simultaneously. This can make investor sentiment positive and liquidity is also likely to remain high. Both IPOs in the pipeline and new listings provide fresh opportunities for retail investors where they can allocate their capital. Hence, upcoming IPO news is being discussed by investors everywhere.
At such a time, it is important for investors to not just go by the hype but also understand the fundamentals, valuation and long-term growth potential of the company. The grey market premium is definitely an early indicator but final performance always depends on market conditions.
Conclusion
The coming week is going to be a blockbuster trading week for Dalal Street with 2 IPOs in the pipeline and 5 market debuts happening simultaneously. Debuts of companies like Patel Retail, Vikram Solar, Gem Aromatics, Shreeji Shipping Global and Mangal Electrical Industries will infuse fresh energy in the market. Also, IPOs of Vikran Engineering and Anlon Healthcare will create new investment opportuniti will participate. If you are interested in IPOs, this could be the right time but always keep your risk appetite and financial planning in mind. Currently the most trending thing is this – upcoming IPO news which is setting the mood of the entire market.
Disclaimer:
This article is for informational purpose only. Investing in the stock market always comes with risk. Before taking any decision, definitely take advice from your financial advisor.
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