Upcoming IPOs: These Companies Set to Open Public Listing This Week, Check Subscription Date, Price Band, and More

Upcoming IPOs: This week, five SME IPOs will make their debut in the Indian stock market, providing potential investment opportunities. The first is Silky Overseas Ltd, whose subscription period ends on July 2. The company intends to raise Rs 30.68 crore by issuing 19.06 lakh fresh equity shares at a price range of Rs 153 to Rs 161. The minimum lot size is 800 shares, which requires an investment of around Rs 1,22,400. Silky Overseas, under the Rian Decor trademark, makes mink blankets, bedsheets, and comforters. Pushpa Jewellers Ltd follows with a book-built IPO valued at Rs 98.65 crore, issuing 67.11 lakh shares. The issue begins on June 30 and ends on July 2, with a price range of Rs 143-Rs 147 and a minimum investment of Rs 1,43,000 for 1,000 shares. The company specialises in the design and manufacture of 22-carat gold jewellery.

Upcoming IPOs in July First Week

Three more IPOs will be launched between June 30 and July 2. Kedah Textile Ltd intends to raise Rs 60.90 crore through a new offer of 43.50 lakh shares, priced between Rs 130 and Rs 140 per share, with a minimum investment of Rs 1,30,000 for 1,000 shares. The company manufactures melange yarn, which is used in household textiles and apparel. Mark Lorry Fashion Ltd. would issue 21 lakh shares to raise Rs 21 crore. With a set price of Rs 100 and a lot size of 1,200 shares, investors will require Rs 1,20,000 to participate. The brand focuses on high-end women's footwear. Finally, Vandan Food Ltd plans to raise Rs 30.36 crore by issuing 26.40 lakh shares at Rs 115 each. The minimum lot size is 1,200 shares, which equals an investment of Rs 1,38,000. The company produces refined FSG castor oil and castor oil cake.