IPOs to Expect Next Week: WomanCart and IRM Energy; Three New Issues; One Primary Market Listing

 IPOs to Expect Next Week: WomanCart and IRM Energy; Three New Issues; One Primary Market Listing

IPOs Next Week: Major listings in the main board and small- and medium-sized organization (SME) divisions occurred in the primary market last month, keeping investors interested in subscriptions and listings. Moving on, the second week of October is marked by robust market activity and is equally jam-packed with new listings and subscription-available initial public offering (IPO) issues.

Arvind And Company Shipping SME IPO, one of the continuing offers, will end on Monday, October 16. On day 2, 41.33 times of Arvind and Company Shipping IPO subscriptions were received. According to statistics on Chittorgarh.com, the issue had a strong reaction from ordinary investors, whose part set was subscribed 59.48 times, and a decent response from non-institutional purchasers, whose portion set was subscribed 19.15 times.

IRM Energy Initial Public Offering: The mainboard issue's subscription period begins on October 18 and ends on October 20. The book-built IRM Energy IPO is worth 545.54 crore. 1.08 crore shares are being issued in their entirety as new issues. The issue's price range is established at between 480 and 505 rupees per share. The offering will list on the BSE and NSE stock markets, with a projected listing date of October 31, 2023.

WomanCart IPO: The SME IPO's subscription period begins on October 16 and ends on October 18 in 2023. The fixed price issue for WomanCart is worth 9.56 crore. 11.12 lakh shares are being issued totally as new shares. The IPO price for WomanCart is 86 per share. On Friday, October 27, 2023, is the anticipated listing date for the company's offering on the NSE SME.

Rajgor Castor Derivatives IPO: The SME IPO's subscription period begins on October 17 and ends on October 20. The book-built IPO for Rajgor Castor Derivatives is worth 47.81 crore. The issuance consists of an offer for sale of 6.66 lakh shares worth 3.33 crore and a new issue of 88.95 lakh shares totaling 44.48 crores.

Committed Cargo Care: New Listing On Wednesday, October 18, shares of the SME IPO will be admitted to trading on NSE SME. On Monday, October 16, the reimbursements will be started, and on Tuesday, October 17, shares will be refunded to demat accounts.