Busy IPO Week Ahead: 11 Companies Launching, 14 Listings Expected

The upcoming week, starting September 23, will be highly active for the primary market, with 11 initial public offerings (IPOs) opening for subscription, including two from the mainboard segment. Cumulatively, these IPOs aim to raise ₹900 crore. Additionally, 14 new companies are set to debut on the stock exchanges.

Key IPOs Opening Next Week:

1. Manba Finance: The non-banking finance company is set to raise ₹151 crore, with a price band of ₹114-120 per share. The issue will run from September 23-25.
2. KRN Heat Exchanger and Refrigeration: This heat exchangers manufacturer is targeting ₹342 crore with a price band of ₹209-220. The issue will be open from September 25-27.
3. WOL 3D India: Offering 3D printing solutions, this company plans to raise ₹25.6 crore at ₹142-150 per share. Subscription is open from September 23-25.
4. Rappid Valves (India): The valve solutions maker will raise ₹30.41 crore with a price band of ₹210-222, running from September 23-25.
5. TechEra Engineering: Specializing in aerospace and defence tooling, this company will raise ₹36 crore at ₹75-82 per share from September 25-27.
6. Unilex Colours and Chemicals: This pigments solutions provider will open its ₹31-crore IPO from September 25-27, priced at ₹82-87 per share.
7. Thinking Hats Entertainment Solutions: Providing OTT content, this company will raise ₹15.09 crore at ₹42-44 per share during September 25-27.
8. Divyadhan Recycling Industries: The recycled polyester fibre maker plans to raise ₹24.2 crore from September 26-30, with a price band of ₹60-64 per share.
9. Sahasra Electronics Solutions: The largest issue next week, aiming to raise ₹186 crore at ₹269-283 per share. The IPO will be open from September 26-30.
10. Forge Auto International: This auto components manufacturer will launch its ₹31-crore IPO with a price band of ₹102-108 per share from September 26.
11. Saj Hotels: The hospitality firm will raise ₹27.63 crore at ₹65 per share, with its IPO opening on September 27.

Upcoming Listings:

• Kalana Ispat, BikeWo GreenTech, SD Retail, Phoenix Overseas, and Avi Ansh Textile will close their IPOs early next week.
• Western Carriers India, Arkade Developers, and Northern Arc Capital will list their shares on September 24, following high subscription rates.
• Paramount Speciality Forgings will debut on September 25, with Kalana Ispat listing on September 26, followed by Avi Ansh Textile, Phoenix Overseas, SD Retail, and BikeWo GreenTech on September 27.

Note: Investors are advised to consult certified experts before making investment decisions.