The initial public offering (IPO) market in 2024 is poised to be vibrant, with a diverse range of companies across sectors gearing up to go public. This comprehensive article will provide an in-depth look at the upcoming IPOs for both the Mainboard and SME segments, highlighting their key details and offering insights into their market potential.
- Sattrix Information Security Limited IPO
Open Date: Jun 05, 2024
Close Date: Jun 07, 2024
Listing Date: Jun 12, 2024
Issue Price: ₹121.00
Issue Size: ₹21.78 crore
Lot Size: 1,000 shares
Exchange: BSE SME
Sattrix Information Security Limited, a cybersecurity solutions provider, is set to debut on the BSE SME platform. The company aims to raise ₹21.78 crore to expand its services and enhance its technological infrastructure. - Magenta Lifecare Limited IPO
Open Date: Jun 05, 2024
Close Date: Jun 07, 2024
Listing Date: Jun 12, 2024
Issue Price: ₹35.00
Issue Size: ₹7.00 crore
Lot Size: 4,000 shares
Exchange: BSE SME
Magenta Lifecare Limited operates in the healthcare sector, focusing on providing affordable medical products. The funds raised through the IPO will be utilized to enhance their manufacturing capabilities and expand their product range. - Kronox Lab Sciences Limited IPO
Open Date: Jun 03, 2024
Close Date: Jun 05, 2024
Listing Date: Jun 10, 2024
Issue Price: ₹129.00 to ₹136.00
Issue Size: ₹130.15 crore
Lot Size: 110 shares
Exchange: BSE, NSE
Kronox Lab Sciences Limited, a pharmaceutical research and development company, aims to strengthen its research facilities and launch new products with the proceeds from this IPO. - TBI Corn Limited IPO
Open Date: May 31, 2024
Close Date: Jun 04, 2024
Listing Date: Jun 07, 2024
Issue Price: ₹94.00
Issue Size: ₹44.94 crore
Lot Size: 1,200 shares
Exchange: NSE SME
TBI Corn Limited is a food processing company specializing in corn-based products. The capital raised will be used for expanding production capacity and increasing market penetration. - Aimtron Electronics Limited IPO
Open Date: May 30, 2024
Close Date: Jun 03, 2024
Listing Date: Jun 06, 2024
Issue Price: ₹161.00
Issue Size: ₹87.02 crore
Lot Size: 800 shares
Exchange: NSE SME
Aimtron Electronics Limited, a manufacturer of electronic components, plans to use the IPO proceeds to enhance its manufacturing facilities and invest in R&D. - Associated Coaters Limited IPO
Open Date: May 30, 2024
Close Date: Jun 03, 2024
Listing Date: Jun 06, 2024
Issue Price: ₹121.00
Issue Size: ₹5.11 crore
Lot Size: 1,000 shares
Exchange: BSE SME
Associated Coaters Limited, which provides coating solutions for various industries, aims to use the raised funds to upgrade its technology and expand its service offerings. - Ztech India Limited IPO
Open Date: May 29, 2024
Close Date: May 31, 2024
Listing Date: Jun 04, 2024
Issue Price: ₹110.00
Issue Size: ₹37.30 crore
Lot Size: 1,200 shares
Exchange: NSE SME
Ztech India Limited is a technology solutions provider specializing in software development and IT services. The IPO proceeds will be directed towards expanding their service portfolio and enhancing technological infrastructure. - Beacon Trusteeship Limited IPO
Open Date: May 28, 2024
Close Date: May 30, 2024
Listing Date: Jun 04, 2024
Issue Price: ₹60.00
Issue Size: ₹32.52 crore
Lot Size: 2,000 shares
Exchange: NSE SME
Beacon Trusteeship Limited offers trustee services for various financial instruments. The capital raised will help in expanding their operations and enhancing service delivery. - Vilas Transcore Limited IPO
Open Date: May 27, 2024
Close Date: May 29, 2024
Listing Date: Jun 03, 2024
Issue Price: ₹147.00
Issue Size: ₹95.26 crore
Lot Size: 1,000 shares
Exchange: NSE SME
Vilas Transcore Limited, a logistics company, aims to use the IPO proceeds for fleet expansion and technological upgrades to enhance operational efficiency. - GSM Foils Limited IPO
Open Date: May 24, 2024
Close Date: May 28, 2024
Listing Date: May 31, 2024
Issue Price: ₹32.00
Issue Size: ₹11.01 crore
Lot Size: 4,000 shares
Exchange: NSE SME
GSM Foils Limited, a packaging materials manufacturer, plans to utilize the funds for capacity expansion and product diversification. - Awfis Space Solutions Limited IPO
Open Date: May 22, 2024
Close Date: May 27, 2024
Listing Date: May 30, 2024
Issue Price: ₹383.00
Issue Size: ₹598.93 crore
Lot Size: 39 shares
Exchange: BSE, NSE
Awfis Space Solutions Limited, a leading co-working space provider, seeks to expand its network of spaces across India using the IPO proceeds. - Rulka Electricals Limited IPO
Open Date: May 16, 2024
Close Date: May 21, 2024
Listing Date: May 24, 2024
Issue Price: ₹235.00
Issue Size: ₹26.40 crore
Lot Size: 600 shares
Exchange: NSE SME
Rulka Electricals Limited specializes in electrical equipment manufacturing. The IPO funds will be used for scaling up production and enhancing product quality. - HOAC Foods India Limited IPO
Open Date: May 16, 2024
Close Date: May 21, 2024
Listing Date: May 24, 2024
Issue Price: ₹48.00
Issue Size: ₹5.54 crore
Lot Size: 3,000 shares
Exchange: NSE SME
HOAC Foods India Limited, a food products company, aims to expand its product line and improve distribution channels with the capital raised. - Quest Laboratories Limited IPO
Open Date: May 15, 2024
Close Date: May 17, 2024
Listing Date: May 23, 2024
Issue Price: ₹97.00
Issue Size: ₹43.16 crore
Lot Size: 1,200 shares
Exchange: NSE SME
Quest Laboratories Limited operates in the medical testing and diagnostics sector. The IPO proceeds will be used for upgrading laboratory facilities and expanding their testing capabilities. - Go Digit General Insurance Limited IPO
Open Date: May 15, 2024
Close Date: May 17, 2024
Listing Date: May 23, 2024
Issue Price: ₹272.00
Issue Size: ₹2614.65 crore
Lot Size: 55 shares
Exchange: BSE, NSE
Go Digit General Insurance Limited, a fast-growing insurance provider, aims to enhance its market share and technological infrastructure with the significant capital raised through this IPO. - Indian Emulsifier Limited IPO
Open Date: May 13, 2024
Close Date: May 16, 2024
Listing Date: May 22, 2024
Issue Price: ₹132.00
Issue Size: ₹42.39 crore
Lot Size: 1,000 shares
Exchange: NSE SME
Indian Emulsifier Limited, a chemicals manufacturer, plans to use the IPO funds for capacity expansion and R&D initiatives to develop new products. - Mandeep Auto Industries Limited IPO
Open Date: May 13, 2024
Close Date: May 15, 2024
Listing Date: May 21, 2024
Issue Price: ₹67.00
Issue Size: ₹25.25 crore
Lot Size: 2,000 shares
Exchange: NSE SME
Mandeep Auto Industries Limited manufactures auto components. The proceeds from the IPO will be used for technological upgrades and expanding production capacity. - Veritaas Advertising Limited IPO
Open Date: May 13, 2024
Close Date: May 15, 2024
Listing Date: May 21, 2024
Issue Price: ₹114.00
Issue Size: ₹8.48 crore
Lot Size: 1,200 shares
Exchange: NSE SME
Veritaas Advertising Limited is in the advertising and marketing industry. The capital raised will help in expanding their client base and enhancing their service offerings. - ABS Marine Services Limited IPO
Open Date: May 10, 2024
Close Date: May 15, 2024
Listing Date: May 21, 2024
Issue Price: ₹147.00
Issue Size: ₹96.29 crore
Lot Size: 1,000 shares
Exchange: NSE SME
ABS Marine Services Limited offers marine logistics and services. The IPO proceeds will be directed towards fleet expansion and improving service efficiency. - Premier Roadlines Limited IPO
Open Date: May 10, 2024
Close Date: May 14, 2024
Listing Date: May 17, 2024
Issue Price: ₹67.00
Issue Size: ₹40.36 crore
Lot Size: 2,000 shares
Exchange: NSE SME
Premier Roadlines Limited is in the logistics and transportation sector. The funds from the IPO will be used for fleet expansion and technological advancements to improve operational efficiency.
The IPO market in 2024 is expected to offer a variety of investment opportunities across different sectors and segments. From technology and healthcare to logistics and manufacturing, these companies are seeking to leverage public funding to drive their growth and expansion plans. Investors should carefully analyze each IPO, considering factors such as the company’s financial health, market position, and growth potential, to make informed investment decisions. As always, due diligence and a strategic approach to investing are crucial for navigating the dynamic IPO landscape.