Upcoming IPOs / 8 issues will open, 13 will be listed; IPO market will be a hit next week

Upcoming IPOs: The first week of September is going to be very busy for the Indian stock market. During this period, a total of 8 new IPOs will open for subscription, while 13 IPOs are going to be listed. Out of these 8 IPOs, 7 will be related to the SME segment and 1 to the mainboard segment. Let us know about these IPOs in detail.

Mainboard segment IPO

Only one mainboard IPO will open for investors in the first week of September. This IPO will be of Amanta Healthcare, which manufactures sterile liquid formulation medicines.

• Opening date: September 1
• Closing date: September 3
• Price band: Rs 120-126 per share
• Issue size: Plans to raise around Rs 126 crore through 1 crore new shares.

SME segment IPO

In the SME segment, seven IPOs will open for bidding in the first week of September. Following are the details:

Rachit Prints IPO

• Description: Printing and packaging company.
• Opening date: September 1
• Closing date: September 3
• Issue size: Aims to raise Rs 19.49 crore through 0.13 crore new shares.
• Price band: Rs 140-149 per share.

Goel Construction IPO

• Description: Company focused on the construction sector.
• Opening date: September 2
• Closing date: September 4
• Issue size: Fresh issue of Rs 80.81 crore and Offer for Sale (OFS) of Rs 18.96 crore.
• Price band: Rs 249-262 per share.

Optimule Tech Consulting IPO

• Description: IT consulting and services company.
• Opening date: 2 September
• Closing date: 4 September
• Issue size: Plans to raise Rs 51.82 crore through 61.69 lakh shares.
• Price band: Rs 80-84 per share.
• Minimum investment: Retail investors must apply for a minimum of 2 lots (3,200 shares).

Ouster Systems IPO

• Description: Technology solutions providing company.
• Opening date: 3 September
• Closing date: 8 September
• Issue size: Plans to raise Rs 15.57 crore through 28.3 lakh new shares.
• Price band: Rs 52-55 per share.

Sharwaya Metals IPO

• Description: Aluminium products manufacturing company.
• Opening date: September 4
• Closing date: September 9
• Issue size: Rs 58.80 crore (fresh issue of Rs 49 crore and OFS of Rs 9.80 crore).

Vigor Plast India IPO

• Description: Plastic packaging manufacturing company.
• Opening date: September 4
• Closing date: September 9
• Issue size: Rs 25.10 crore (fresh issue of Rs 20.24 crore and OFS of Rs 4.86 crore).
• Price band: Rs 77-81 per share.