New Delhi, May 31 (H.S.): The primary market is expected to witness moderate activity during the trading week beginning Monday, June 1. Five companies are set to launch their Initial Public Offerings (IPOs) during the week. Of these, two belong to the mainboard segment, while the remaining three are from the SME segment. In addition, investors will continue to have the opportunity to bid for two IPOs that opened for subscription last week, with bidding remaining available until June 2 and June 3. As far as new listings are concerned, four companies are slated to make their stock market debut during the week, all of them in the SME segment.

On the first trading day of the week, June 1, Meritronics will open its ₹70.03 crore IPO for subscription. Investors will be able to bid for the issue until June 3. The price band has been fixed at ₹141 to ₹149 per share, with a lot size of 1,000 shares. Following the closure of the issue, the share allotment is expected to be finalized on June 4, while the company’s shares may be listed on the BSE SME platform on June 8.

Similarly, on June 3, CMR Green Technologies will launch its ₹630.88 crore IPO for subscription. The issue will remain open until June 5. The price band has been set at ₹182 to ₹192 per share, with a lot size of 78 shares. Following the completion of the IPO process, the company’s shares are expected to be listed on the BSE and NSE on June 10.

The following day, June 4, Wah Chemicals will open its ₹13.45 crore IPO for subscription. Investors may place bids until June 8. The issue has been priced at ₹60 per share, with a lot size of 2,000 shares. After the IPO closes, the company’s shares are expected to be listed on the BSE SME platform on June 11.

On the final trading day of the week, June 5, Hexagon Nutrition will launch its ₹138.87 crore IPO for subscription. The issue will remain open until June 9. The price band has been fixed at ₹42 to ₹45 per share, with a lot size of 333 shares. Following the closure of the issue, the company’s shares are expected to debut on the BSE and NSE on June 12.

On the same day, GenexAI Analytics will also open its ₹54.84 crore IPO for subscription. Investors will be able to bid until June 9. The price band has been fixed at ₹110 to ₹116 per share, with a lot size of 1,200 shares. The company’s shares are expected to be listed on the NSE SME platform on June 12 after the completion of the IPO process.

Apart from these upcoming IPOs, investors may continue bidding for SMR Jewels’ ₹63.74 crore IPO, which opened for subscription on May 26, until June 3. The issue carries a price band of ₹125 to ₹128 per share and a lot size of 1,000 shares. The company’s shares are expected to be listed on the BSE SME platform on June 8 following the closure of the issue. So far, the IPO has received subscriptions equivalent to 39 percent of the shares on offer.

Likewise, investors can bid until June 2 for the ₹27.29 crore IPO of Auret Trade, which opened for subscription on May 29. The issue has been priced at ₹70 per share, with a lot size of 2,000 shares. The company’s shares are expected to be listed on the BSE SME platform on June 5 after the issue closes. To date, the IPO has received subscriptions amounting to 16 percent of the shares offered.

As for stock market listings, MR Maniveni is expected to make its debut on the BSE SME platform on June 1, the first trading day of the week. This will be followed by the expected listing of Yashasvi Jewellers on the BSE SME platform on June 2. On June 3, Rajnandini Fashion India is anticipated to have its shares listed on the BSE SME platform. Meanwhile, on the final trading day of the week, June 5, Auret Trade is also expected to debut on the BSE SME platform.

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Hindusthan Samachar / Jun Sarkar