Investors are gearing up for another thrilling week in the stock markets as two initial public offerings (IPOs) are poised to hit the market. This upcoming lineup features one mainboard and one small and medium enterprise (SME) IPO, aiming to collectively raise over ₹609 crore from eager investors.
Adding to the anticipation, eight IPOs are slated to make their trading debut, with shares expected to be listed on the stock exchanges between May 21 and May 24.
Highlighted IPOs for the Week:
-
Awfis Space Solutions Ltd IPO
- Expected Launch: May 22
- Offer Size: ₹598.93 crore
- Details: The IPO comprises a fresh issue of over 3.3 crore shares and an offer-for-sale portion of more than 1.22 crore shares. Investors have the opportunity to bid in the IPO until May 27. Awfis Space Solutions Ltd offers workspace solutions tailored to various business needs and is set to list its shares on the NSE and BSE on May 30.
-
GSM Foils Limited IPO (SME IPO)
- Expected Launch: May 24
- Offer Size: ₹11.01 crore
- Details: The IPO consists entirely of a fresh issue of 34.4 lakh shares. GSM Foils Limited is engaged in the manufacturing of strip foils used for packaging medicines and other pharmaceutical products. The bidding for this IPO will conclude on May 28, with shares tentatively scheduled to be listed on the SME platform of NSE on May 31.
Upcoming IPO Listings
- Go Digit General Insurance Ltd: Expected listing on May 23
- Veritaas Advertising Ltd: Scheduled to list on May 21
- Mandeep Auto Industries: Tentatively scheduled for listing on May 21
- Quest Laboratories: Listing tentatively set for May 23
- Indian Emulsifier: IPO listing anticipated on May 22
- HOAC Foods India: Expected to be listed on May 24
These IPOs cover a diverse range of industries, from insurance and advertising to auto manufacturing and specialty chemicals. With high levels of investor interest and substantial subscription rates during the bidding periods, these offerings are poised to make a significant impact on the stock market landscape in the coming week. Investors are advised to stay tuned for further updates and consider their investment strategies carefully amidst this flurry of IPO activity.
