Money Raining Next Week, 11 IPOs Coming To Make Money

The IPO boom in the world’s fifth-largest stock market shows no signs of slowing down. 11 IPOs are set to be launched next week. These include two IPOs in the motherboard segment and eight in the SME segment. The motherboard issue includes Manaba Finance and KRN Heat Exchanger. Both the IPOs together will raise around Rs 482 crore. Apart from the IPO, 14 companies will also debut on the stock market. These include Arcade Developers, Northern Arc Capital and Western Carriers, whose IPO received a strong response last week. Pantomath Capital has estimated that domestic companies can raise over Rs 1.5 lakh crore through an initial public offering (IPO) in the next 12 months. Let us also tell you which companies are going public on the stock exchange.

These companies’ IPOs will arrive next week

1. Manba Finance IPO: The Manaba Finance IPO will be open for subscription from September 23 to September 25. It is a book-building offer, valued at Rs 150.84 crore, consisting entirely of a fresh issue of 1.26 crore shares. The price band for the Manaba Finance IPO has been fixed between Rs 114 and Rs 120 per share. Hem Securities Limited is acting as lead book-running manager for the IPO, while Link Intime India Private Limited is acting as the registrar for the offer.
2. KRN Heat Exchanger IPO: The KRN Heat Exchanger IPO will be open for subscription from September 25 to September 27. This Rs 341.95 crore IPO is a book-entry issue and consists entirely of a fresh issue of shares of Rs 1.55 crore. The price band for the KRN Heat Exchanger IPO has been fixed between Rs 209 and Rs 220 per share. Holani Consultants Pvt Ltd is acting as the lead book-entry manager for the IPO, while BigShare Services Pvt Ltd is acting as the registrar for the offer.
3. Rapid Valves (India) IPO: The IPO of Rapid Valves (India) will be available for subscription from September 23 to September 25. The aggregate price of this book issue is Rs 30.41 crore and includes a fresh issue of 13.7 lakh shares. The IPO price cap of Rapid Valves (India) has been kept between Rs 210 and Rs 222 per share. Shreni Shares Limited is acting as the lead book-running manager for the IPO. Link Intime India Private Limited is the registrar for the issue.
4. WOL 3D IPO: The IPO of WOL 3D will be open for subscription from September 23 to September 25. The book price for this issue is Rs 25.56 crore. This includes a fresh issue of 14.52 lakh shares worth Rs 21.78 crore and OFS of 2.52 lakh shares worth Rs 3.78 crore. The price range of the WOL 3D IPO is between Rs 142 and Rs 150 per share. Hem Securities Limited is the lead manager for the IPO while BigShare Services Pvt Ltd is the registrar.
5. Thinking Hats Entertainment Solutions IPO: The IPO of Thinking Hats Entertainment Solutions will be available for subscription from September 25 to September 27. The book issue size is Rs 15.09 crore and it entirely comprises a fresh issue of 34.29 lakh shares. The price range of the IPO of Thinking Hats Entertainment Solutions is between Rs 42 and Rs 44 per share. Horizon Financial Private Limited is the lead book-running manager. Mass Services Limited is the registrar to the issue.
6. Unilex Colours and Chemicals IPO: The IPO of Unilex Colours and Chemicals will be open for subscription from September 25 to 27. The price of this book issue is Rs 31.32 crore and includes OFS of only 36 lakh shares. The price band of Unilex Colours and Chemicals IPO is set between Rs 82 and Rs 87 per share. Hem Securities Ltd is the lead book-running manager for the IPO while Link Intime India Pvt Ltd is the registrar.
7. Techera Engineering IPO: Techera Engineering IPO will be available for subscription from September 25 to 27. The IPO is a book-entry issue of Rs 35.90 crore, which includes a fresh issue of 43.78 lakh shares. The price band of Techera Engineering IPO is between Rs 75 and Rs 82 per share. SKI Capital Services Limited is the lead manager for the IPO and Kfin Technologies Limited is the registrar for the issue.
8. Forge Auto International IPO: Forge Auto International IPO will be available for subscription from September 26 to September 30. The book-entry issue is priced at Rs 31.10 crore and consists entirely of fresh issue of 28.8 lakh shares. The price band of Forge Auto International IPO is Rs 102 to Rs 108 per share. Hem Securities Limited is the book-entry lead manager for the IPO, and BigShare Services Pvt Ltd is the registrar for the issue.
9. Sahasra Electronic Solutions IPO: The IPO of Sahasra Electronics Solutions will be available for subscription from September 26, 2024, to September 30, 2024. The book-entry issue size is Rs 186.16 crore. This includes a fresh issue of 60.78 lakh shares worth Rs 172.01 crore and OFS of 5 lakh shares worth Rs 14.15 crore. The price range of the IPO of Sahasra Electronics Solutions is Rs 269 to Rs 283 per share. Hem Securities Limited is the lead book-entry manager for the IPO. The registrar for the IPO is BigShare Services Pvt. Ltd.
10. Divyadhan Recycling Industries IPO: Divyadhan Recycling Industries IPO will be available for subscription from September 26 to September 30. This IPO is a book issue, the size of which is Rs 24.17 crore and includes a fresh issue of 37.76 lakh shares. The price band of Divyadhan Recycling Industries IPO is between Rs 60 and Rs 64 per share. Narnolia Financial Services Ltd is the lead book-running manager for the IPO, while Skyline Financial Services Pvt Ltd is the registrar.
11. Saaj Hotels IPO: The IPO of Saaz Hotels will be available for subscription from September 27 to October 1. The size of this IPO is Rs 27.63 crore. The company is launching an issue of 42.5 lakh new shares. The IPO price of Saaz Hotels has been fixed at Rs 65 per share. Corpvis Advisors Pvt Ltd is acting as lead book-running manager for the IPO of Saj Hotels, while Satellite Corporate Services Pvt Ltd is the registrar for the issue.