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IPOs Next Week :3 SME Public Issue


 IPO , next week :one mainboard, 3 SME and one Listing to keep primary market busy 


According to multiple resources, granted approves 28 companies for their initial public offerings (IPO) with the collective fund rising target exceeding 30 crore. 


After superheroctic December, there were no new initial public offering (IPO) in the first week of the new Year . however the primary market is all set to get back in action with one new mainboard 3 small and the medium enterprises IPO scheduled to launch in the second week of January.



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Last week, 2SME IPOs -Key Cee energy and infra and kaushalya logistic Limited -closed for for  subscription



Also read : market ahead: quarter 3 resultes,Red sea crisis inflations FII activity among key market triggers to watch next week. 


Nevertless, analystick anticipate that the public offering by Jyoti CNC automation will mark the commencement of potentially active period in the initially share sale market.  this momentum is expected to persist for a few month before a temporary hiatus coincidence with General election. 



"CY 2023 turn outs to be an eventful year for the Indian primary market health through the start the year was a bit bumpy lift in second market sentiments result in pick up in fund rising activity from Q2CY23 onwards. Market is likely to gain further momentum as more companies are now queuing up the estimated rise is a accumulative amount of at least 1 lakh crore which is the more than double the amount raised in 2023 report suggested that as on date as many as 28 company has already received a green signal from the SEBI for their IPO at rising over 30 crore mean while 36 other company have submitted their draft red hearing prospectus  with SEBI for approval this company plan to raise accumulative amount of 50 crore said lunawat managing director pantomath capital advisors Pvt Ltd .


According to the multiverse sources SEBI has a granted approvals to 28 company for the initial public offering IPS with the collecting fund rising target exceding 30 crore concurrently 36 additional company have submitted their draft IPO document and are currently awaiting regulatory approval. 



Also read: mobikwik IPO 7th official things to know from DRHP


IPOs Next Week 


1.Jyoti CNC automation IPO


Public offering IPO of Jyoti senior automation Limited is going to hit the primary market on 9th January 2024 and it will close on 11th January 2024.



The CNC machine maker company has fixed the Jyoti CNC automation IPO price band at Rupees 315 to 331 per equity share the company aim to raise 1000 crore were the issues of Fresh share. 


Link time India private Limited has been appointed as the official registers of the Jyoti since automation IPO. 


2.IBL Finance Limited IPO



IBL finance open for subscription on 9,January 2024 and the closed on 11 January 2024.


The IPO price is Rupees 51 per share the minimum large size for an application is 2000 share it is fixed price issue of 33.41 crore and is entirely a fresh issue of 65.5 lakh share. 


Fedex security private Limited is the book running lead manager of IBL finance IPO while. big share service private Limited is the register for the issue the market maker for IBL finance IPO is market hub Stock broking. 


3.New Swan Multitech IPOs

New Swan Multitech is open for subscription on 11 January 2024 and close on 15 January 2024 it is a book build issue of 33.11 crore and is entirely a fresh IPO or 50.16 lakh share



"Also read new shower Multitech IPO open next week price band set at 62-66 Apiece, 


The company has said the IPO price banned at rupees 62 to 66 per share the minimum lot size for an application is 2000 share

 ham securities Limited and share India capital service private Limited or the book running lead manager for news s w a n IPO while big share service private Limited is the registrar for the issue


4.Australian premium Solar IPOs, 


Australian premium solar India IPO open for subscription on 11 January 2024 and close on 15 January 2024. it is a book built issue of 28.08 crore and is entirely fresh issue of 52 lakh share company has said the IPO address and rupees 51 to 54 per share the minimum out size for an application is 2000 share



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