SMEs like Cryogenic OGS and Glenn Industries Names were strongly retail and HNI last week. After the partnership, investors will look closely at the upcoming issues. Gray Market Premium (GMPS) and oversubscript trends have kept market interest, especially in specific areas and reasonably priced ings furings.
Apart from the new opening, seven lists, including a travel food services, are scheduled next week.
Here’s a look at opening the IPO next week:
Song Bioscience IPO
Bengaluru -based Pharma Pay FirM Anthem Bioscience will open its mainboard IPO on July 14, closed on July 16. The issue is the offer for sale (OFS) and Rs. 540–570 prices in the band Rs. 3,395 crore is to be raised.
The company specializes in contract research and manufacturing services (CRAMS) and is supported by IPO pre-IPO institutional investors. JM is a lead manager running a financial book. The stock will be listed on both BSE and NSE.
As one of the big IPOs this season, Anthem will be closely tracked by institutional players, especially after a strong anchor participation in pharmaceuticals and pace of positive field.
Spanweb Nonweven IPO
SME In the segment, Spanveb Nonwen, a technical cloth space player, is launching its IPO from July 14 to July 16. The company plans to collect Rs 60.98 crore with a band of Rs 90-96 per share. Vivro is a Financial Lead Manager, and the stock will list on the NSE SME platform.
The company produces nonwaven fabric used in hygiene, agriculture and packaging application, which is a sector in which investors’ interest has increased due to the increasing demand for sustainable materials.
Monica Alcobev IPO
SME Even in space, alcohol distribution company Monica Alkobev will open its IPO on July 16 and close on July 18. The issue size is Rs 153.68 crore, with a price band of Rs 271-2286 per share. The IPO is operated by a group of Marwari Moon and will be listed on the BSE SME platform.
Investors expect to be very selective with regional tailwinds, reasonable evaluation and clear choice for strong promoter or institutional support. The next week offers a well -rounded mix for both growth and strategic opportunities.
(Disclaimer: The recommendations, suggestions, opinions and views given by experts are their own. This does not represent the views of the economic time)
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