Stock Market: Get ready to invest money, four IPOs will open next week

Date:


highlights

The IPO of Mukka Protein will open on 26 February.
Platinum Industries IPO will open from 27th February.
The IPO of Bharat Highways InvIT will be launched on 28 February.

New Delhi. The IPO market is in full swing in the year 2024. So far in the year 2024, many IPOs have hit the market. Some of these issues have made a lot of money for the investors while in some the investors have suffered losses. You will get a chance to invest money in four IPOs (IPO Next IPO) in the week starting from 26th February. Therefore, you should check your bank account balance from now on. The special thing is that all the IPOs to be launched next week are mainboard IPOs. That means their listing will be on NSE and BSE.

We will not only give you complete details of these four IPOs but will also tell you what signals are being received from the gray market regarding these IPOs. It is important to know here that before investing in any IPO, you should definitely consult your financial advisor. There is a high possibility of loss by accepting any tip or information circulating on social media as true.

Also read- 75 percent return in four months, brokerage expects further growth, why LI share remains a rocket

Mukka Proteins IPO
The IPO of Mukka Protein, the country’s largest fish meal company, will open on February 26. Investors can bid for the shares of the issue till 28 February. The size of this IPO is Rs 225 crore. The price band of IPO is Rs 25-30 per share. 35 percent shares of the IPO are reserved for retail investors, 50 percent for QIBs and 15 percent for NII. There are 525 shares in 1 lot. That means you will have to invest at least Rs 14,700. Unlisted shares of Mukka Protein IPO are trading at a premium of Rs 12 in the gray market.

Platinum Industries IPO
Money can be invested in Platinum Industries IPO from 27th February to 29th February. The company is engaged in the business of manufacturing stabilizers. The price band of this issue is Rs 162-171 per share. The total size of the IPO is Rs 216 crore. 35 percent of the IPO is reserved for retail investors, 15 percent for qualified institutional buyers and 15 percent for NII. Platinum Industries IPO shares are trading at a premium of Rs 30 in the gray market.

Exicom Tele-Systems IPO
The IPO of Exicom Tele-Systems, a company that manufactures chargers for electronic vehicles, will be open from 27 February to 29 February 2024. The price band of IPO is Rs 135-142 per share. In this IPO of Rs 320 crore, fresh shares worth Rs 329 crore will be issued and 70,42,200 equity shares will be sold through offer for sale. There are 100 shares in 1 lot of IPO. In this way, according to the upper price band, you will have to invest at least Rs 14,200. Unlisted shares of Axicom Tele-Systems IPO are trading at a premium of Rs 95 in the gray market.

Bharat Highways InvIT IPO
The IPO of Bharat Highways InvIT will be open from 28 February 2024 to 1 March 2024. Bharat Highways InvIT is an infrastructure investment trust. The price band of Bharat Highways InvIT IPO is Rs 98-100 per share. The size of the IPO is Rs 2500 crore. There are 150 shares in 1 lot.

Tag: business news in hindi, IPO, tips to earn money, Share Market

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Discover more from AyraNews24x7

Subscribe now to keep reading and get access to the full archive.

Continue reading