Pyramid Technoplast, TVS Supply Chain Solutions, other IPOs to watch closely this week
open for subscription on 18 August with a fixed price band of ₹151-166 per share with a bid for a minimum of 90 shares in a lot. The anchor investor allocation will be conducted for a day on 17 August. The packaging company is aiming to raise around ₹139 crore to ₹150 crore through a fresh issue of 55 lakh shares and an offer-for-sale of 32.7 lakh shares.
It will close on 18 August and the share allotment is expected to be completed by 25 August. Small-to-medium enterprises (SME) IPO is set to open on 17 August. Shoora Designs IPO is a fresh issue comprising 4,23,000 equity shares of a face value of ₹10, aggregating up to ₹2.03 crore.
The closing date of the IPO is 21 August and the share allotment will be conducted on 24 August. The company will process the refunds on 25 August. The subscription window for the Bondada Engineering IPO commences on 18 August and concludes on 22 August.
The IPO's price range has been set at ₹75 per equity share, having a nominal value of ₹10 each. Investors have the flexibility to place bids for a minimum of 1,600 equity shares, with subsequent bid increments in multiples of 1,600 equity shares. TVS Supply Chains Solutions is set to close its ₹880 crore IPO on 14 August.
The IPO which opened its bidding on 10 August has been subscribed 1.03 times whereas its retail portion has been subscribed 3.62 times. The investors bought a total of 2.58 crore equity shares, surpassing the initial offer size of 2.51 crore shares. Shelter Pharma IPO which opened on 10 August is set to close on 14 August.
The IPO received a massive response and was subscribed 1.10 times on day 1. Shelter Pharma has fixed the price of ₹42 per share for the IPO with a minimum order quantity of 3,000 shares. Get the best
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