IPOs This Week: Only 1 new IPO will open in the week starting March 3, 4 companies will be listed

IPOs This Week: The week starting from March 3 is going to be very cold for the IPO market. The reason for this is that only 1 new public issue is opening. That too is from the SME segment. Apart from this, there will be no other new IPO. Although money can be invested in the 1 IPO that opened last week in the new week, but this too is from the SME segment. In this way, there will be no IPO in the mainboard segment.

As far as the newly listed companies are concerned, 4 companies will make their debut in the stock market in the new week. All of them are also from the SME segment. Let's know the details about this…

NAPS Global India IPO: Textile importer NAPS Global India's Rs 11.88 crore public issue is going to open on March 4. This will be the first SME IPO of the month of March. It will close on March 6. The price for bidding is Rs 90 per share and the lot size is 1600. After the closure of the IPO, the shares can be listed on BSE SME on March 11.

13.20 lakh new shares will be issued in the IPO. There will be no offer for sale. Therefore, the income from the IPO will go to the company. After the IPO closes, the allotment will be finalized on March 7.

PhonePe IPO: The company appointed 4 merchant bankers, can raise billions of dollars through public issue

IPOs that are already open

Balaji Phosphates IPO: This issue of Rs 50.11 crore opened on February 28 and is scheduled to close on March 4. Funds can be invested at a price of Rs 66-70 per share. The lot size is 2000. The shares may be listed on NSE SME on March 7. So far this IPO has been subscribed 19 percent.

Companies to be listed

In the new week, Beezaasan Explotech shares are going to be listed on BSE SME on March 3. After this, Nukleus Office Solutions will be listed on BSE SME on March 4. Shreenath Paper shares can be listed on BSE SME on March 5. Balaji Phosphates IPO will be listed on NSE SME on March 7.

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