Primary Market Heats Up as 12 IPOs Open for Subscription This Week; Check Out The Details

The Primary market will remain busy this week as 12 IPOs (initial public offerings) will be open for subscription this week. The bulk of the activity will come from SME IPOs, with only three listings on the mainboard.

Many new-age IPOs, including Swiggy, Ola Electric, and Oyo, will also be hitting Dalal Street this year, indicating busy months ahead for the primary market. The recent announcement of Hyundai's IPO, which filed its draft red herring prospectus (DRHP) with SEBI (Securities and Exchange Board of India) on June 14, has also created heightened buzz among investors.

Here are the important dates, lot sizes, and other details for the IPOs open this week-

1. Winny Immigration

Sector: Visa Consulting

Lot Size: 1000

Price Bank: Rs 140 (Fixed)

Issue Size: 9.13 Crore

Opening Date: June 20

Closing Date: June 24

2. Medicamen

Sector: Pharmaceuticals

Lot Size: 4000

Price Bank: Rs 32- Rs 34

Issue Size: 10.54 Crore

Opening Date: June 21

Closing Date: June 25

3. Shivalic Power Control

Sector: Electric Panel Manufacturing

Lot Size: 1,200

Price Bank: Rs 95- Rs 100

Issue Size: 64.32 Crore

Opening Date: June 24

Closing Date: June 26

4. Sylvan Plyboard

Sector: Plywood Manufacturing

Lot Size: 2000

Price Bank: Rs 55 (Fixed)

Issue Size: 28 Crore

Opening Date: June 24

Closing Date: June 26

5.Mason Infratech

Sector: Real Estate

Lot Size: 2000

Price Bank: Rs 62- Rs 64

Issue Size: 30.46 Crore

Opening Date: June 24

Closing Date: June 26

6. Visaman Global

Sector: Structural Steel Supplier

Lot Size: 3000

Price Bank: Rs 43 (Fixed)

Issue Size: 16 Crore

Opening Date: June 24

Closing Date: June 26

7. Akiko Global

Sector: Channel Partner for major banks and NBFCs

Lot Size: 1,600

Price Bank: Rs 73- Rs 77

Issue Size: 23.11 Crore

Opening Date: June 25

Closing Date: June 27

8. Divine Power

Sector: Copper/Aluminium Product manufacturer

Lot Size: 3,000

Price Bank: Rs 36- Rs 40

Issue Size: 22.76 Crore

Opening Date: June 25

Closing Date: June 27

9. Petro Carbon

Sector: Mining and Minerals

Lot Size: 800

Price Bank: Rs 162- Rs 171

Issue Size: 113.16 Crore

Opening Date: June 25

Closing Date: June 27

Mainboard Listing-

1. Stanley Lifestyles

Sector: Luxury Furniture Brand

Lot Size: 40

Price Bank: Rs 351- Rs 369

Issue Size: 537 Crore

Opening Date: June 21

Closing Date: June 25

2. Allied Blenders & Distillers

Sector: Alcobev

Lot Size: 53

Price Bank: Rs 267- Rs 281

Issue Size: 1500 Crore

Opening Date: June 25

Closing Date: June 27

3. Vraj Iron & Steel

Sector: Manufacturer of steel products

Lot Size: 72

Price Bank: Rs 195- Rs 207

Issue Size: 171 Crore

Opening Date: June 26

Closing Date: June 28