There are always some listings in the IPO by the new companies. We saw a major IPO of Mamaearth and other companies last month. This week will have 4 major IPOs. We will discuss the IPOs going to be listed this week in the article below. IPO is a way through which a company offers its shares to the public for the first time. IPO stands for Initial Public Offerings. Buying shares of an IPO can be risky and profitable too. Let us explore the Top 4 IPOs coming this week.
Top 4 IPOs Releasing In November
The IPOs going to be released this week are Protean eGovTechnologies IPO, ASK Automative IPO, Sunrest Lifestyle IPO, and ROX Hi-Tech IPO. Let us discuss these below:
Protean eGoV Technologies:
The company is known for partnering with the government to provide PAN Card services. It is going to release the IPO soon. We have shared the details below:
IPO Opening Date: 6 November 2023 Monday
IPO Closing Date: 8 November 2023 Wednesday
Offer For Sale: 0.62 Crores Shares
Share Price: Rs. 752 to RS. 792 per share
Listing Date: 16 November on BSE and NSE
ASK Automotive:
The company deals in automobile brake systems and vehicle security. The company has officially announced its IPO. The details are shared below:
IPO Opening Date: 7 November 2023 Tuesday
IPO Closing Date: 9 November 2023 Thursday
Fresh Share Issue: Rs. 834 Crores
Offer For Sale: Rs. 2.96 Crores Shares
Share Price: Rs. 268 To Rs. 282 per share
Listing date: 20 November 2023 Monday
Sunrest Lifescience:
The company markets and sells medicines manufactured by another party. It will release the IPO as per the details mentioned below:
IPO Opening Date: 7 November 2023 Tuesday
IPO Closing Date: 9 November 2023 Thursday
Fresh Share Issue: 12.91 Lakhs
Offer for Sale: none
Share Price: Rs. 84 per share
ROX HI Tech:
The company provides IT solutions. It has announced the IPO release date as mentioned below:
IPO Opening Date: 7 November 2023 Tuesday
IPO Closing Date: 9 November 2023 Thursday
Fresh Share Issue: 60.18 lakhs shares
Offer For Sale: 5.47 Lakh shares
Share Price: Rs. 80 to Rs. 83 per share
These were the 4 major listings of the company. We will share more details about the other upcoming IPOs as well. Do your research about the companies mentioned above before buying. Stay tuned for more information.