Next week, while no mainboard IPOs are planned, the primary market stays active with three SME public issues set for subscription. This shows a bustling period for the small and medium enterprises segment despite a quieter phase for larger IPOs.
The Teerth Gopicon, DCG Cables & Wires, and Greenhitech Ventures IPOs, all fixed-price issues, open in April 2024. They aim to raise ₹44.40 crore, ₹49.99 crore, and ₹6.30 crore respectively, managed by renowned financial services with distinct registrars and market makers.
Here’s a list of IPOs which will open for subscription next week
Teerth Gopicon IPO
The Teerth Gopicon IPO, a fixed-price issue aiming to raise ₹44.40 crore through 40 lakh new shares, is set at ₹111 per share. Open from April 8 to April 10, 2024, Interactive Financial Services Ltd leads its management, with Bigshare Services as the registrar and Giriraj Stock Broking as the market maker.
DCG Cables & Wires IPO
DCG Cables & Wires‘ upcoming IPO, from April 8 to April 10, 2024, seeks ₹49.99 crore through a fresh issue of 49.99 lakh shares, priced at ₹100 each. Managed by Interactive Financial Services Ltd, with Bigshare Services as the registrar and Nikunj Stock Brokers as the market maker, it’s a fixed-price SME offering.
Green Hitech Ventures IPO
The Greenhitech Ventures IPO, a fixed-price issue aiming for ₹6.30 crore, offers 12.6 lakh new shares at ₹50 each. Available from April 12-16, 2024, it’s managed by Beeline Capital Advisors, with Skyline Financial Services as the registrar and Spread X Securities as the market maker.