Upcoming IPOs: 9 IPOs Opening This Week – A Great Opportunity to Earn
A total of 9 IPOs are set to open for subscription in the stock market this week, between February 10 and 15. This includes 2 mainboard IPOs and 7 SME IPOs. One of the mainboard IPOs, Ajax Engineering Limited, has already opened for subscription. Additionally, 6 IPOs are scheduled to be listed on the stock exchange this week. Let’s take a closer look at the details.
Market Overview
The stock market has been experiencing significant volatility, with shares of several major companies dropping by over 30%. However, IPOs continue to offer investors opportunities for potential gains.
Mainboard IPOs
Ajax Engineering IPO
- Subscription Period: February 10 – 12
- Issue Size: ₹1,269.35 crore
- Type: Offer-for-Sale (OFS) – No new shares issued, only existing investors selling 2 crore shares
- Price Band: ₹599 – ₹629
- Lot Size: 23 shares (minimum investment of ₹14,467)
- Allotment Date: February 13
- Listing Date: February 17
Hexaware Technologies IPO
- Subscription Period: February 12 – 14
- Issue Size: ₹8,700 crore
- Type: Offer-for-Sale (OFS) – No fresh capital raised by the company
- Price Band: ₹674 – ₹708
- Minimum Investment: ₹14,868
- Listing Date: February 19
SME IPOs Opening This Week
The SME IPO segment will see 7 new IPOs opening for subscription between February 10 and 15:
- Chandan Healthcare Limited
- Voler Car
- PS Raj Steel
- Maxvolt Energy Industries
- LK Mehta Polymers
- Shanmuga Hospital
- Quality Power Electrical Equipment
Important Note: SME IPOs generally require a higher minimum investment, often exceeding ₹1 lakh.
Upcoming IPO Listings This Week
A total of 6 IPOs are set to be listed on the stock market this week:
- February 11: Chamunja Electrical
- February 12: Ken Enterprises, Amvil Healthcare
- February 13: Ready Mix Construction Machinery, Solarium Green Energy
- February 14: Eliganj Interiors
These listings may present new trading opportunities for investors.
Stay updated on market trends and IPO developments to make informed investment decisions!
