Upcoming IPOs: Arkade Developers, Northern Arc Capital, Paramount Speciality Forgings among 6 IPOs set to hit D-Street this week
Arkade Developers IPO: The IPO will open on September 16, 2024, and will close for subscription on September 19, 2024. The equity shares of the company are to be listed at BSE, NSE. The price for the issue has been set at Rs 121-128 Per equity share.
Indian companies continue to list on the stock exchanges. According to the PRIME database, a primary market tracking firm, 19 companies filed draft red herring prospectuses (DRHPs) last month, the highest monthly total since September 2021.
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IPOs next week
Since July, more than 30 firms have filed DRHPs. Meanwhile, six companies are set to hit on D-Street next week.
Mainboard IPOs and SME IPOs
These companies include both mainboard IPOs and SME IPOs. Let's take a look at all of these:
Mainboard IPOs
Two companies IPOs are going to open on Monday, September 16, 2024. These include Arkade Developers and Northern Arc Capital.
Arkade Developers IPO
The IPO will open on September 16, 2024, and will close for subscription on September 19, 2024. The equity shares of the company are to be listed at BSE, NSE. The price for the issue has been set at Rs 121-128 Per equity share.
Northern Arc Capital IPO
The issue of Northern Arc Capital will open on Monday, September 16, 2024, and will close for subscription on Thursday, September 19, 2024. The equity shares of the company are to be listed at BSE, NSE. The price for the issue has been set at Rs 249 - Rs 263 per equity share.
SME IPOs
Companies like Osel Devices, Pelatro, Paramount Speciality Forgings, and BikeWo GreenTech are set to hit D-Street next week.
Osel Devices IPO
Osel Devices Limited IPO will open on September 16, 2024, and will close for subscription on September 19, 2024. The equity shares of the company are to be listed at NSE SME. The price for the issue has been set at Rs 155-160 per equity share.
Pelatro IPO
The issue of Pelatro Limited will open on September 16, 2024, and will close for subscription on September 19, 2024. The equity shares of the company are to be listed at NSE SME. The price for the issue has been set at Rs 190-200 per equity share.
Paramount Speciality Forgings IPO
The issue of Paramount Speciality Forgings Limited will open on September 17, 2024, and will close for subscription on September 19, 2024. The equity shares of the company are to be listed at NSE SME. The price for the issue has been set at Rs 57-59 per equity share.
BikeWo GreenTech IPO
The issue of BikeWo GreenTech Limited will open on September 18, 2024, and will close for subscription on September 20, 2024. The equity shares of the company are to be listed at NSE SME. The price for the issue has been set at Rs 59-62 per equity share.
IPOs closing next week
Meanwhile, mainboard IPOs like Western Carriers which opened this week, will close on September 18. SME IPOs like Deccan Transcon Leasing, Popular Foundations, and Envirotech Systems will close on 18th September.