5 IPOs opening NEXT WEEK: Check date, issue size, price band, bid quantity and more about these upcoming Initial Public Offerings

It's raining IPOs! There are as many as five Initial Public Offerings (IPOs) placed in the pipeline to be launched in the next week, starting Monday, June 14. After beginning of the year saw IPO rush, it sort of slowed down during the second wave of Covid 19 pandemic. However, with five IPOs lined up for the next week and a total of 24 IPOs this year, investors can try their luck for listing gains in these IPOs. Shyam Metalics, Sona BLW Precision, Navoday Enterprises, Adeshwar Meditex Ltd and Times Green Energy are the five forthcoming IPOs that will open for subscription between June 14 to 16 next week, showed the BSE IPO calendar 2021. Let's check out everything about these IPOs. 

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SHYAM METALICS AND ENERGY LIMITED IPO:  

Issue Period: 14 June 2021 to 16 June 2021 

IPO Market Timings: 10.00 a.m. to 5.00 p.m. 

Post Issue Modification 17 Jun 2021 

Issue Size – No. of Shares: 2,10,90,890 

Price Band: 303.00-306.00. Note A discount of Rs. 15/- per equity share shall be offered to Eligible Employees Bidding in the Employee Reservation Portion 

Face Value: 10.00 

Market Lot: 45 

Minimum Bid Quantity: 45 

Maximum Bid Quantity for Qualified Institutional Investors: 20790855 

Maximum Bid Quantity for Non-Institutional Investors: 14850000 

2. SONA BLW PRECISION FORGINGS LIMITED IPO

Issue Period: 14 Jun 2021 to 16 Jun 2021 

IPO Market Timings: 10.00 a.m. to 5.00 p.m. 

Post Issue Modification: 17 Jun 2021 

Issue Size – No. of Shares: 10,71,05,262 

Price Band: 285.00-291.00 

Face Value: 10.00 

Market Lot: 51 

Minimum Bid Quantity: 51 

Maximum Bid Quantity for Qualified Institutional Investors: 107105253 

Maximum Bid Quantity for Non-Institutional Investors: 48684192 

3. NAVODAY ENTERPRISES LTD IPO

Issue Period: 14 Jun 2021 to 17 Jun 2021 

IPO Market Timings: 10.00 a.m. to 5.00 p.m. 

Post Issue Modification: 18 Jun 2021 

Issue Size (No. of Shares): 2304000 

Face Value: 10.00 

Issue Price: 20.00 

Premium: 10.00 

Market Lot: 6000 

Minimum Bid Quantity: 6000 

Maximum Bid Quantity: 2304000 

4. ADESHWAR MEDITEX LIMITED IPO

Issue Period: 15 Jun 2021 to 18 Jun 2021 

IPO Market Timings: 10am to 5pm 

Post Issue Modification: 21 Jun 2021 

Issue Size (No. of Shares): 3900000 

Face Value: 10.00 

Issue Price: 25.00 

Premium: 15.00 

Market Lot: 6000 

Minimum Bid Quantity: 6000 

Maximum Bid Quantity: 3696000 

5. TIMES GREEN ENERGY (INDIA) LTD IPO 

Issue Period: 16 Jun 2021 to 22 Jun 2021 

IPO Market Timings: 10.00 am to 5.00 pm 

Post Issue Modification: 23 Jun 2021 

Post Issue Modification on June 23rd, 2021 from 10.00 am to 11.00 am 

Issue Size (No. of Shares): 664000 

Face Value 10.00 

Issue Price 61.00 

Premium 51.00 

Market Lot 2000 

Minimum Bid Quantity 2000 

Maximum Bid Quantity 624000