IPO calendar: 3 issues, 4 listings to grab investors' attention next week

economictimes.indiatimes.com:

JNK India last week, the primary market is back to hibernation in the mainboard segment as there are no fresh public offers opening next weekend.

However, 3 SME issues and 4 listings are still going to grab investors' attention. The public offer of JNK India, which received a healthy subscription of over 28 times, will also see its shares listed at the bourses.

Analysts said they continue to remain optimistic about the potential of the upcoming public issues.

«Despite a lackluster beginning to the new financial year FY25 in the IPO market, we are optimistic about the potential of the upcoming public issues,» said Mahavir Lunawat, MD, Pantomath Capital.

Here's what's on the IPO table next week

Sai Swami Metals and Alloys IPO

The initial public offer (IPO) of Sai Swami Metals will open for subscription on April 30 and close on May 3. The company plans to raise about Rs 15 crore through the public issue.

The IPO is priced at Rs 60, where investors can bid for 2000 shares in 1 lot.

About 50% of the offer is reserved for retail investors and 50% for other investors.

The company is actively involved in the trading and marketing of a comprehensive array of stainless steel products, addressing the diverse needs of our discerning customers.

The product line is specifically designed to encompass a wide range of kitchenware, including dinner sets, SS Casseroles, SS Multi Kadai, SS Water Bottles, Stainless Steel Sheets, Stainless Steel Circles, and various types of utensils.

Amkay Products IPO

The public offer of