Business News:Even though the secondary market has been volatile, the primary market is buzzing with fresh opportunities. Eight public issues are set to hit the market for subscription in the coming week. Out of these, five are mainboard listings, while three belong to the SME platform.
The SME segment will feature Studio LSD, LGT Business Connextions, and Classic Electrodes (India). Meanwhile, five companies—Patel Retail, Vikram Solar, Gem Aromatics, Shreeji Shipping Global, and Mangal Electrical Industries—are preparing to launch their IPOs on the mainboard.
SME IPOs in Focus
Studio LSD IPO
- Open Date: 18 August
- Close Date: 20 August
- Price Band: 51–54
- GMP: Nil
- Category: SME
LGT Business Connextions IPO
- Open Date: 19 August
- Close Date: 21 August
- Price Band: 107
- GMP: Nil
- Category: SME
Classic Electrodes (India) IPO
- Open Date: 22 August
- Close Date: 26 August
- Price Band: 82–87
- GMP: 18
- Category: SME
Mainboard IPOs Lined Up
Patel Retail IPO
- Open Date: 19 August
- Close Date: 21 August
- Price Band: 237–255
- GMP: 35
- Category: Mainboard
Vikram Solar IPO
- Open Date: 19 August
- Close Date: 21 August
- Price Band: 315–332
- GMP: 63.5
- Category: Mainboard
Gem Aromatics IPO
- Open Date: 19 August
- Close Date: 21 August
- Price Band: 309–325
- GMP: 38
- Category: Mainboard
Shreeji Shipping Global IPO
- Open Date: 19 August
- Close Date: 21 August
- Price Band: 240–252
- GMP: 26
- Category: Mainboard
Mangal Electrical Industries IPO
- Open Date: 20 August
- Close Date: 22 August
- Price Band: 533–561
- GMP: Nil
- Category: Mainboard
Market Outlook
According to market trackers, the grey market premiums (GMP) suggest strong investor interest in issues such as Vikram Solar, Patel Retail, Gem Aromatics, and Shreeji Shipping Global. On the other hand, IPOs like Mangal Electrical Industries and Studio LSD currently have no GMP, and their subscription levels will be closely monitored once bidding begins.
Overall, the coming week is packed with opportunities across diverse sectors such as retail, renewable energy, shipping, manufacturing, and specialty chemicals. For investors, this could be one of the most active weeks in the IPO market this year.
