Mukka Protein’s IPO will open on 26th February.Platinum Industries IPO will open from 27th February. Bharat Highways InvIT IPO will be launched on February 28.
New Delhi. The IPO market is full of buzz in the year 2024. So far in the year 2024, many IPOs have entered the market. Some of these issues have made investors earn a lot of money, while those who invested in some have suffered losses. In the week starting from 26 February, you will also get a chance to invest in four IPOs (IPO Next IPO). Therefore, you should check the balance of your bank account from now onwards. The special thing is that all the IPOs to be launched next week are mainboard IPOs. That is, their listing will be on NSE and BSE.
We will not only give you the complete details of these four IPOs, but will also tell you what signals are being received about these IPOs from the grey market. It is important to know here that before investing in any IPO, one must consult his financial advisor once. There is a high possibility of incurring losses by considering any tip or information circulating on social media as correct.
Mukka Proteins IPO
The IPO of Mukka Protein, the country’s largest fish meal company, will open on February 26. Investors can bid for the shares of the issue till February 28. The size of this IPO is Rs 225 crore. The price band of the IPO is Rs 25-30 per share. 35 percent of the IPO shares are reserved for retail investors, 50 for QIBs and 15 percent for NII. There are 525 shares in 1 lot. That means you will have to invest at least Rs 14,700. In the gray market, the unlisted shares of Mukka Protein IPO are trading at a premium of Rs 12.
Platinum Industries IPO
Investments in Platinum Industries IPO can be made from 27 February to 29 February. The company is engaged in the business of manufacturing stabilizers. The price band of this issue is Rs 162-171 per share. The total size of the IPO is Rs 216 crore. 35 per cent of the IPO is reserved for retail investors, 15 per cent for qualified institutional buyers and 15 per cent for NII. In the grey market, Platinum Industries IPO shares are trading at a premium of Rs 30.
Exicom Tele-Systems IPO
The IPO of Exicom Tele-Systems, a manufacturer of chargers for electronic vehicles, will be open from 27 February to 29 February 2024. The price band of the IPO is Rs 135-142 per share. In this IPO of Rs 320 crore, fresh shares worth Rs 329 crore will be issued and 70,42,200 equity shares will be sold through offer for sale. There are 100 shares in 1 lot of the IPO. In this way, according to the upper price band, you will have to invest at least Rs 14,200. The unlisted shares of Exicom Tele-Systems IPO are trading at a premium of Rs 95 in the gray market.
Bharat Highways InvIT IPO
Bharat Highways InvIT IPO will be open from 28 February 2024 to 1 March 2024. Bharat Highways InvIT is an infrastructure investment trust. The price band of Bharat Highways InvIT IPO is Rs 98-100 per share. The size of the IPO is Rs 2500 crore. There are 150 shares in 1 lot.
Tags: Money Making Tips, Stock market, IPO
FIRST PUBLISHED : February 25, 2024, 07:29 IST