In the first week of April, a total of ten companies will debut in the secondary market combining both mainboard and SME. In the mainboard segment, only one company will be listed. March 28 is the last day of the SRM Contractors IPO. However, the SME category will see the listing of nine companies that are in the process of wrapping up their IPOs.
SRM Contractors to list on April 3
The company is expected to list on April 3. It wants to raise Rs 10.20 crore by offering 6.2 million shares. It kept the price band for the IPO at Rs 200 to 210 per equity share. The company is in the business of construction and development of roads and tunnels in the union territories of Jammu & Kashmir and Ladakh. It is the only company to get listed in the mainboard in the first week of April.
Vishwas Agri Seeds
According to the expectations, the company will see its listing on April 1, Monday in the SME segment. The company raised Rs 25.80 crore through offering 3 million shares. It has kept a fixed price of Rs 86 per equity share for bidding. The company opened its subscription on March 21 and ended it on March 26.
Naman In-Store (India) IPO
The company’s stock is expected to hit the bourses on April 2 in the SME category. It is a book-built issue raising Rs 25.35 crore through an entire fresh issue of 2.8 million shares. The company opened its subscription on March 22 and closed it on March 28 at a price band of Rs 84 to 89 per equity share.
Trust Fintech IPO
Shares of the company are expected to list on April 4 in the SME segment. It raised Rs 63.45 crore and offered 6.3 million shares. The company opened its subscription on March 26 and closed it on March 28 at a price band of Rs 95 to 101 per equity share.
Vruddhi Engineering Works IPO
It is expected to debut in secondary markets on April 3 in the SME category. The company raised Rs 4.76 crore from the investors. It offered investors an entirely fresh issue of 6.8 lakh shares. The company had a price band in the range of Rs 66 to 70 per share.
Blue Pebble IPO
The shares of the company are believed to be listed on April 3 in the NSE SME segment. The company is a book-built issue of Rs 18.14 crore and offering 1 million shares. It kept the price band in a range of Rs 159 to 168 per equity share. The retail bidding was opened on March 26 and will close on March 28.
Aspire & Innovative IPO
The shares of the company are expected to hit the bourses on April 3 in the SME category. It wants to raise Rs 21.97 crore by offering a fresh issue of 4 million shares. It opened its subscription on March 26 and will close on March 28. The company’s shares will be listed on NSE SME. It has kept the IPO price band in a range of Rs 51 to 54 per equity share.
GConnect Logitech IPO
The company’s shares are expected to list on April 3. It fixed the IPO price at Rs 40 per equity share to raise Rs 5.60 crores and is offering 1.4 million shares. The company will be listed in the SME segment. It opened its subscription on March 26 and will close on March 28.
Radiowalla IPO
The company’s stock is expected to hit the bourses on April 5 in the NSE SME category. The wants to collect Rs 14.25 crore by offering 1.9 million shares. It opened its subscription to retail investors on March 27 and will end that on April 2. The company kept the IPO price band in the range of Rs 72 to 76 per equity share.
TAC Infosec IPO
Shares of TAC Infosec are expected to debut in the secondary market on April 5 in the NSE SME segment. The company will be raising Rs 30 crore by offering 2.8 million shares. The company set the IPO price band of Rs 100 to 106 per equity share.
