IPO Tracker: Two Mainboard IPOs, Eight SME IPOs To Hit The D-Street This Week

The primary markets will see two mainboard initial public offerings and eight small and medium enterprises IPOs this week. Among mainboard IPOs, Vikran Engineering and Anlon Healthcare and Gem Aromatics are going to open their IPOs this week.

Upcoming Mainboard IPOs

Here are the details of the two mainboard IPOs:

Vikran Engineering: The IPO opens on Aug. 26 and closes on Aug. 29. The issue size is 7.9 crore shares, and the total issue worth is Rs 772 crore. The tentative allotment date is Sept. 1, and the tentative listing date is Sept. 3. The face value is Rs 1 per share, and the issue type is bookbuilding IPO. The listing platform is BSE and NSE.
Anlon Healthcare and Gem Aromatics: The IPO opens on Aug. 26 and closes on Aug. 29. The issue size is 1.33 crore shares, and the total issue worth is Rs 121.03 crore. The tentative allotment date is Sept. 1, and the tentative listing date is Sept. 3. The face value is Rs 10 per share, and the issue type is bookbuilding IPO. The listing platform is BSE SME.

Upcoming SME IPOs

Here are the details of the eight SME IPOs:

IPO 1: The IPO opens on Aug. 25 and closes on Aug. 28. The issue size is 54.06 lakh shares, and the total issue worth is Rs 60.01 crore. The tentative allotment date is Aug. 29, and the tentative listing date is Sept. 2. The face value is Rs 10 per share, and the issue type is bookbuilding IPO. The listing platform is BSE and NSE.
IPO 2: The IPO opens on Aug. 25 and closes on Aug. 28. The issue size is 43.12 lakh shares, and the total issue worth is Rs 31.05 crore. The tentative allotment date is Aug. 29, and the tentative listing date is Sept. 2. The face value is Rs 10 per share, and the issue type is bookbuilding IPO. The listing platform is BSE SME.
IPO 3: The IPO opens on Aug. 26 and closes on Aug. 29. The issue size is 52.25 lakh shares, and the total issue worth is Rs 41.80 crore. The tentative allotment date is Sept. 1, and the tentative listing date is Sept. 3. The face value is Rs 10 per share, and the issue type is bookbuilding IPO. The listing platform is NSE SME.
IPO 4: The IPO opens on Aug. 26 and closes on Aug. 29. The issue size is 47.16 lakh shares, and the total issue worth is Rs 35.38 crore. The tentative allotment date is Sept. 1, and the tentative listing date is Sept. 3. The face value is Rs 10 per share, and the issue type is bookbuilding IPO. The listing platform is NSE SME.
IPO 5: The IPO opens on Aug. 28 and closes on Sept. 1. The issue size is 54.99 lakh shares. The tentative allotment date is Sept. 2, and the tentative listing date is Sept. 4. The face value is Rs 10 per share, and the issue type is bookbuilding IPO. The listing platform is BSE SME.
IPO 6: The IPO opens on Aug. 29 and closes on Sept. 2. The issue size is 22 lakh shares, and the total issue worth is Rs 13.42 crore. The tentative allotment date is Sept. 3, and the tentative listing date is Sept. 5. The face value is Rs 10 per share, and the issue type is fixed price IPO. The listing platform is BSE SME.
IPO 7: The IPO opens on Aug. 29 and closes on Sept. 2. The issue size is 69.64 lakh shares, and the total issue worth is Rs 85.66 crore. The tentative allotment date is Sept. 3, and the tentative listing date is Sept. 5. The face value is Rs 10 per share, and the issue type is bookbuilding IPO. The listing platform is BSE SME.
IPO 8: The IPO opens on Aug. 29 and closes on Sept. 2. The issue size is 26.79 lakh shares, and the total issue worth is Rs 32.68 crore. The tentative allotment date is Sept. 3, and the tentative listing date is Sept. 5. The face value is Rs 10 per share, and the issue type is bookbuilding IPO. The listing platform is NSE SME.

Investors can apply for these IPOs through their demat accounts or through the websites of the respective stock exchanges. It is essential to do your own research and consult with a financial advisor before investing in any IPO.

How to Apply for IPOs

To apply for an IPO, you need to have a demat account and a trading account. You can apply for an IPO through your demat account or through the website of the respective stock exchange. You can also apply for an IPO through a broker or a financial advisor.

Here are the steps to apply for an IPO:

Open a demat account and a trading account with a broker or a financial institution.
Log in to your demat account or trading account and select the IPO you want to apply for.
Enter the number of shares you want to apply for and the price you are willing to pay.
Submit your application and pay the application amount.
Wait for the allotment of shares, which will be done on the tentative allotment date.
Once the shares are allotted, they will be listed on the stock exchange on the tentative listing date.

Benefits of Investing in IPOs

Investing in IPOs can be beneficial for investors as it provides an opportunity to invest in new and growing companies. Here are some benefits of investing in IPOs:

High returns: IPOs can provide high returns to investors, especially if the company performs well after listing.
Low risk: IPOs are considered to be a low-risk investment option as they are regulated by the Securities and Exchange Board of India (SEBI).
Liquidity: IPOs provide liquidity to investors as they can sell their shares on the stock exchange after listing.
Diversification: IPOs provide an opportunity to diversify your portfolio by investing in different sectors and companies.

Risks of Investing in IPOs

While investing in IPOs can be beneficial, there are also some risks involved. Here are some risks of investing in IPOs:

Market risk: The stock market can be volatile, and the price of the shares may fluctuate after listing.
Company risk: The performance of the company can affect the price of the shares, and if the company performs poorly, the price of the shares may decline.
Regulatory risk: Changes in regulations can affect the company and the stock market, which can impact the price of the shares.
Liquidity risk: If there is a lack of liquidity in the stock market, it may be difficult to sell the shares, which can impact the price.

It is essential to do your own research and consult with a financial advisor before investing in any IPO. You should also read the red herring prospectus and the draft red herring prospectus to understand the company and the IPO better.