- Hindi News
- Business
- Transrail Lighting, DAM Capital, Mamta Machinery, Sanathan Textiles Concorde Enviro । IPO
Mumbai4 hours ago
- copy link
Initial public offers (IPOs) of 5 companies will be open today for listing in the share market. These include Transrail Lighting Limited, DAM Capital Advisors Limited, Mamta Machinery Limited, Sanathan Textiles Limited and Concord Enviro Systems Limited.
Investors will be able to bid for all five IPOs till December 23. Their shares will be listed on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on 27th December. Let us know about the IPOs of these five companies one by one…
1. Transrail Lighting Limited
Transrail Lighting Limited wants to raise total ₹838.91 crore through IPO. For this, the company will issue 92,59,259 fresh shares worth ₹400 crore. At the same time, existing investors of Transrail Lighting are selling 1,01,60,000 shares worth ₹438.91 crore.
Retail investors can bid for maximum 442 shares
Transrail Lighting Limited has fixed the price band of this issue at ₹410-₹432. Retail investors can bid for a minimum of one lot i.e. 34 shares. If you apply for 1 lot as per the upper price band of IPO of ₹ 432, then you will have to invest ₹ 14,688.
Whereas, retail investors can apply for maximum 13 lots i.e. 442 shares. For this, investors will have to invest ₹ 1,90,944 as per the upper price band.
Transrail lighting premium in gray market 27.78%
Before the IPO opened, the company’s shares had reached a premium of 27.78% i.e. ₹ 120 per share in the gray market. In such a situation, according to the upper price band of ₹ 432, its listing can be at ₹ 552. However, this is only an estimate, the listing price of a share is quite different from the gray market price.
Transrail Lighting Limited was established in February 2008.
Transrail Lighting Limited was established in February 2008. It is an engineering and construction company engaged in manufacturing monopoles and conductors for power transmission and distribution. Since inception, the company has completed more than 200 power transmission and distribution projects.
The company’s business is spread across 58 countries including Bangladesh, Kenya, Tanzania, Niger, Nigeria, Mali, Cameroon, Finland, Poland and Nicaragua with turnkey EPCs and supply projects.
2. DAM Capital Advisors Limited
DAM Capital Advisors Limited wants to raise total ₹840.25 crore through IPO. For this, the existing investors of the company are selling 2,96,90,900 shares worth ₹840.25 crore. DAM Capital Advisors will not issue any fresh shares for the IPO.
Retail investors can bid for maximum 689 shares
DAM Capital Advisors has fixed the price band of this issue at ₹269-₹283. Retail investors can bid for a minimum of one lot i.e. 53 shares. If you apply for 1 lot as per the upper price band of IPO of ₹ 283, then you will have to invest ₹ 14,999.
Whereas, retail investors can apply for maximum 13 lots i.e. 442 shares. For this, investors will have to invest ₹ 1,90,944 as per the upper price band.
Transrail lighting premium in gray market 38.16%
Before the IPO opened, the company’s shares had reached a premium of 38.16% i.e. ₹ 108 per share in the gray market. In such a situation, according to the upper price band of ₹ 283, its listing can be at ₹ 391. However, this is only an estimate, the listing price of a share is quite different from the gray market price.
3. Mamta Machinery Limited
Mamta Machinery Limited wants to raise ₹179.39 crore through IPO. For this, the existing investors of the company are selling 73,82,340 shares worth ₹ 179.39 crore. Mamta Machinery will not issue even a single fresh share for the IPO.
Retail investors can bid for maximum 793 shares
Mamta Machinery Limited has fixed the price band of this issue at ₹230-₹243. Retail investors can bid for a minimum of one lot i.e. 61 shares. If you apply for 1 lot as per the upper price band of IPO of ₹ 243, then you will have to invest ₹ 14,823.
At the same time, retail investors can apply for maximum 13 lots i.e. 793 shares. For this, investors will have to invest ₹ 1,92,699 as per the upper price band.
Mamta Machinery’s premium in gray market is 37.86%
Before the IPO opened, the company’s shares had reached a premium of 37.86% i.e. ₹92 per share in the gray market. In such a situation, according to the upper price band of ₹ 243, its listing can be at ₹ 335. However, this is only an estimate, the listing price of a share is quite different from the gray market price.
The company manufactures plastic bags, pouches, packaging and extrusion equipment.
Mamata Machinery Limited, established in April 1979, manufactures and exports machines for making plastic bags, pouches, packaging and extrusion equipment. The company provides services to FMCG, food and beverage industry. The company’s customers include Balaji Wafers Pvt Ltd, Das Polymers Pvt Ltd, Jflexi Packaging Pvt Ltd, Euphoria Packaging Pvt Ltd, Sunrise Packaging, Om Flex India among others.
4. Sanathan Textiles Limited
Sanathan Textiles Limited wants to raise total ₹550 crore through IPO. For this, the company will issue 1,24,61,060 fresh shares worth ₹400 crore. At the same time, existing investors of Sanathan Textiles are selling 46,72,898 shares worth ₹150 crore.
Retail investors can bid for maximum 793 shares
Sanathan Textiles Limited has fixed the price band of this issue at ₹305-₹321. Retail investors can bid for a minimum of one lot i.e. 46 shares. If you apply for 1 lot at the upper price band of IPO of ₹ 321, then you will have to invest ₹ 14,766.
Whereas, retail investors can apply for maximum 13 lots i.e. 598 shares. For this, investors will have to invest ₹ 1,91,958 as per the upper price band.
The company is a polyester yarn manufacturer and global supplier.
Sanathan Textiles Limited, established in 2005, is a leading polyester yarn manufacturer and global supplier. The company’s business is divided into 3 different yarn verticals, which include polyester yarn products, cotton yarn products and yarn for technical textiles and industrial uses.
As of September 30, 2024, the company had more than 3,200 active variants of yarn products and more than 45,000 stock-keeping units. As of June 30, 2024, the company had more than 925 distributors in India along with 7 countries including Argentina, Singapore, Germany, Greece, Canada and Israel.
5. Concord Enviro Systems Ltd
Concorde Enviro Systems Limited wants to raise total ₹500.33 crore through IPO. For this, the company will issue 24,96,433 fresh shares worth ₹175 crore. At the same time, existing investors of Concord Enviro Systems are selling 46,40,888 shares worth ₹325.33 crore.
Retail investors can bid for maximum 273 shares
Concord Enviro Systems has fixed the price band of this issue at ₹665-₹701. Retail investors can bid for a minimum of one lot i.e. 21 shares. If you apply for 1 lot as per the upper price band of IPO of ₹ 701, then you will have to invest ₹ 14,721.
At the same time, retail investors can apply for maximum 13 lots i.e. 273 shares. For this, investors will have to invest ₹ 1,91,373 as per the upper price band.
