IPO This Week: These Companies Set to Open Public Listings, Check Date, Price Band, and More

IPO This Week:  This week, the Indian share market offers multiple investment prospects, with six new IPOs in industries such as medicines, culinary services, co-working spaces, and power solutions. On July 7, three IPOs were launched: Chemkart India Ltd, Smart and Power Systems Ltd, and Travel Food Services Ltd. Chemkart India, which specializes in the distribution of food and wellness ingredients, is launching a book-building issue for Rs 80.08 Cr with a price band of Rs 236-Rs 248 and a BSE SME listing on July 14. Smart and Power Systems, which focuses on solar energy and backup solutions, plans to raise Rs 50 Cr at a fixed price of Rs 100 per share. Meanwhile, Travel Food Services, which operates quick-service eateries in airports, is launching a complete offer-for-sale IPO for Rs 2,000 Cr, priced between Rs 1,045 and Rs 1,100, with listings on both the NSE and BSE.

Upcoming IPO This Week

Furthermore, Smartworks Co-working Spaces will undertake its initial public offering (IPO) from July 10 to 14, with a book-building issue of Rs 582.56 Cr, consisting of both fresh issue and offer-for-sale components. The price range is Rs 387 to Rs 407, and the stock is likely to be listed on the NSE and BSE on July 17. Glen Industries, a food packaging company, will hold an initial public offering (IPO) from July 8 to 10, with a price range of Rs 92 to Rs 97. Finally, Aston Pharmaceuticals, a healthcare exporter, will launch a fresh equity IPO for Rs 27.56 Cr from July 9 to 11, priced between Rs 115 and Rs 123 per share. Allotments for these IPOs are set for July 10-15, with listings on the relevant stock markets taking place from July 14-17.