Global conditions hinder primary market; no new IPOs next week
New Delhi, March 30 (H.S.): Due to tough conditions in the global market, no new IPOs are anticipated for the trading week starting April 1. However, three IPOs that opened on March 27 and 28 will continue accepting subscriptions until April 2. The
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New Delhi, March 30 (H.S.): Due to tough conditions in the global market, no new IPOs are anticipated for the trading week starting April 1. However, three IPOs that opened on March 27 and 28 will continue accepting subscriptions until April 2.

The IPO of Retaggio Industries, with a public issue of ₹155 crore, opened on March 27, allowing bids until April 2 at ₹25 per share with a lot size of 6,000 shares. As of now, it has received 0.84 times subscription. Share allotments will occur on April 3, with the listing on BSE's SME platform on April 7.

Spinero Commercial Limited’s IPO opened on March 28, allowing bids until April 3 at ₹51 per share with a lot size of 2,000 shares, and has garnered 0.16 times subscription so far, with allotments on April 4 and listing on April 8.

Infonetive Solutions, with a public issue of ₹24.71 crore, also opened on March 28, allowing bids until April 3 with a price band of ₹75-79 per share and a lot size of 1,600 shares. This IPO has received 0.52 times subscription, with allotments on April 4 and listing on April 8. In total, four companies will begin trading through share listings between April 1 and April 3.

Hindusthan Samachar / Jun Sarkar


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