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Upcoming IPO Market Buzz – Three SME Public Issues to Energise Next Week’s Primary Market

Next week's market buzzes with three SME IPOs, highlighting a dynamic period for small and medium enterprises despite a lull in larger listings.
IPO Update - Three IPOs Debut This Week In The Market

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.

Invest in Direct Mutual Funds IPOs Bonds and Equity at ZERO COST

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.

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