14 new IPOs will open in the stock market next week. Meesho, Aequs, and Vidya Wires are included in the mainboard. SME IPOs also present good opportunities for investors. GMP indicates a potential increase upon listing.
Upcoming IPO Next Week: 14 new IPOs (Upcoming IPO Next Week) are set to open in the stock market next week. Three of these will be mainboard IPOs, while the remaining 11 will be from the SME category (SME IPO). The key mainboard IPOs include Meesho, Aequs, and Vidya Wires.
Significant enthusiasm is being observed among investors for these IPOs. Investors are already actively discussing these new public issues. The GMPs of some companies have attracted investors. Grey Market Premium (GMP) figures provide investors with an estimate of the IPO's potential listing price.
Which IPOs Will Open
The 14 IPOs opening next week include Astron Multigrain, Invicta Diagnostic, Speb Adhesives, Clear Secured Services, Revelcare, Helojee Holidays, Neochem Bio Solutions, Shri Kanha Stainless, Meesho, Aequs, Vidya Wires, Luxury Time, Western Overseas Study Abroad, and Methodhub Software.
Three of these will be mainboard IPOs. Meesho's public issue will be open from December 3rd to December 5th. Investors will get Meesho shares in the price band of ₹105 to ₹111, with a lot size of 135 shares. Aequs' IPO will also open from December 3rd to December 5th, with a price band of ₹118 to ₹124 and a lot size of 120 shares. Vidya Wires' public issue will be available during the same period, with a price band of ₹48 to ₹52 and a lot size of 288 shares.
SME IPO Price Bands
Investors will also find good opportunities in the SME category IPOs. The public issues of Astron Multigrain, Invicta Diagnostic, and Speb Adhesives will be open from December 1st to December 3rd. Astron Multigrain shares will be available at a price of ₹63, with a lot size of 2000 shares. Invicta Diagnostic's price band is ₹80 to ₹85, and the lot size is 1600 shares. Speb Adhesives' shares will be priced at ₹52 to ₹56, with a lot size of 2000 shares.
Clear Secured Services and Revelcare will also be offered to investors during the same period. Helojee Holidays and Neochem Bio Solutions will be open from December 2nd to December 4th. Shri Kanha Stainless' IPO will be from December 3rd to December 5th. The IPOs for Luxury Time and Western Overseas Study Abroad will open from December 4th to December 8th. Methodhub Software will be available to investors from December 5th to December 9th.
Impact of GMP
The Grey Market Premium (GMP) of these IPOs provides an important indication for investors. Some companies, such as Meesho and Aequs, have shown good figures in their GMP. Meesho's GMP is ₹40, while Aequs' GMP has reached up to ₹43. This indicates a potential increase in share prices upon the listing of these IPOs.
For other companies, Clear Secured Services has a GMP of ₹10, and Revelcare has ₹15. Neochem Bio Solutions and Helojee Holidays have GMPs of ₹9 and ₹11, respectively. Please note that GMP can fluctuate, increasing or decreasing until listing, and may change based on the actual listing price.
