The primary market is set for a quieter week with only two new IPOs opening for subscription, while seven IPOs are scheduled to debut on the stock exchanges.
New IPOs Opening for Subscription
- Excelsoft Technologies IPO
- Subscription Dates: November 19–21
- Size: ₹500 crore (Fresh issue: ₹180 crore, Offer for Sale: ₹320 crore)
- Price Band: ₹114–₹120 per share
- Book Running Lead Manager: Anand Rathi Advisors Ltd.
- Registrar: MUFG Intime India Pvt. Ltd
- Gallard Steel IPO (SME)
- Subscription Dates: November 19–21
- Size: ₹37.50 crore (entirely a fresh issue)
- Price Band: ₹142–₹150 per share
- Book Running Lead Manager: Seren Capital Pvt. Ltd
- Registrar: Ankit Consultancy Pvt. Ltd
IPO Listings Scheduled Next Week
- November 18: PhysicsWallah, Emmvee Photovoltaic, Workmates Core2Cloud (SME), Mahamaya Lifesciences (SME)
- November 19: Tenneco Clean Air
- November 20: Fujiyama Power Systems
- November 21: Capillary Technologies
Investors are advised to stay cautious while participating, especially in the SME segment.