Aeroflex Industries, Vishnu Prakash R Punglia among 5 IPOs to track this week

economictimes.indiatimes.com:

Aeroflex Industries and Vishnu Prakash R Punglia will open for public subscription this week. Beside, there are three other IPOs including that of Aeroflex Industries, which kicked off last week and will be available through the current week.Aeroflex Industries The initial public offer (IPO) of Aeroflex Industries will open on August 22 and close on August 24. The anchor investors' subscription will be done on August 21. The IPO comprises fresh equity issue of Rs 162 crore and offer for sale (OFS) of 1.75 crore equity shares. Under the OFS, promoter SAT Industries will offload the 1.75 crore shares.

Aeroflex Industries IPO to open on August 22. Here are 10 things to know about the offer

The company has fixed a price band of Rs 102-108 per share and investors can bid for a minimum of 130 shares in one lot and in multiples thereafter. Aeroflex Industries exports Make-in-India metallic flexible flow solutions to more than 85 countries, as exports account for more than 80% of the total revenues.Pyramid Technoplast

Aeroflex Industries sets price band of Rs 102-108 for its IPO

The IPO of Pyramid Technoplast, which opened on Friday, received strong response from investors with the subscription rate at 1.61 times. The issue closes on August 22. The response was overwhelming from across the spectrum of investors, but retail investors showed the maximum interest. The retail portion was subscribed 1.9 times, while the NII category was subscribed 1.06 times. The IPO comprises a fresh issue of 55 lakh shares and an offer for sale of 37.2 lakh shares. The issue is priced in the range of Rs 151-166.

Pyramid Technoplast among 5 IPOs to watch out for this week

Pyramid