IPO Next Week: Amid the ongoing decline in the stock market, the IPO market is also showing signs of sluggishness. Next week, only 3 new IPOs will be launched in the primary market. Among them, there is just one mainboard IPO and two SME IPOs. Additionally, shares from 3 SME companies will be listed on the stock exchanges next week. Let’s take a look at the IPOs launching next week.
NTPC Green Energy IPO
The NTPC Green Energy IPO will be open for subscription from November 19 to November 22. It is a mainboard IPO worth ₹10,000 crore. Each lot consists of 138 shares. The shares will be listed on November 27. In the grey market, the stock is trading at a ₹1.40 premium over the issue price of ₹108, suggesting a potential listing price of ₹109.4. The price band is set between ₹102 and ₹108 per share.
C2C Advanced Systems IPO
This SME IPO, valued at ₹99.07 crore, will be open from November 22 to November 26. The listing date is November 29. Each lot consists of 600 shares. In the grey market, the stock shows a strong premium of ₹220 over its issue price of ₹226, indicating a potential listing price of ₹446. The price band is set between ₹214 and ₹226 per share.
Lamosaic India NSE SME IPO
This SME IPO, worth ₹61.20 crore, will open on November 21 and close on November 27. Each lot has 600 shares, with the listing date set for November 29.
The upcoming week in the IPO market sees a mix of offerings despite the stock market downturn. NTPC Green Energy’s Rs 10,000 crore mainboard IPO, along with SME IPOs from C2C Advanced Systems and Lamosaic India, offer varied investment options. Investors can look forward to potential premiums, with shares expected to list by the end of November, providing diverse opportunities in both mainboard and SME segments.