New Delhi, 11 December (HS): The launch of IPO of five companies including Vishal Mega Mart and Mobikwik has created a stir in the primary market. Of these, three companies are from the mainboard segment, while two companies are from the SME segment. Money can be invested in all these IPOs till 13 December.
The shares of these companies will be listed on 18 December.
Today, Vishal Mega Mart's Rs 8,000 crore IPO has opened for subscription. This IPO will close on 13 December. A price band of Rs 74 to Rs 78 per share has been fixed for bidding under the IPO, while the lot size is 190 shares. Vishal Mega Mart shares will also be listed on BSE and NSE on 18 December.
Today, Mobikwik's Rs 572 crore IPO is open for subscription. Bidding can be done in the issue till December 13. The price band for bidding under the IPO has been fixed at Rs 265 to Rs 279 per share, while the lot size is 53 shares. The company's shares will be listed on BSE and NSE on December 18.
Similarly, Sai Life Sciences' Rs 3,042.62 crore IPO has opened today. Bidding can be done in this IPO till December 13. The price band for bidding in the IPO has been fixed at Rs 522 to Rs 549 per share, while the lot size is 27 shares. The company's shares will be listed on BSE and NSE on December 18.
Supreme Facility Management's Rs 50 crore IPO is open for subscription today. Bidding can be done in this IPO till December 13. A price band of Rs 72 to Rs 76 per share has been fixed for bidding under the IPO, while the lot size is 1,600 shares.
Allotment of shares will be done on December 16 after the closing of the IPO. The company's shares will be listed on the SME platform of NSE on December 18. Apart from this, Purple United Sales' Rs 32.81 crore IPO is also open for subscription today. Bidding can be done in this IPO till December 13. A price band of Rs 121 to Rs 126 per share has been fixed for bidding under the IPO, while the lot size is 1,000 shares. The company's shares will be listed on the SME platform of the National Stock Exchange on December 18.
Hindusthan Samachar / Jun Sarkar