Today marks a significant day in the Indian stock market as seven Initial Public Offerings (IPOs) are IPOs closing today, offering a wide range of opportunities for investors.
In the SME segment, five companies – Kontor Space, Vinyas Innovative Technologies, Oneclick Logistics India, Canarys Automations, and Goyal Salt – are closing their IPOs today. Kontor Space and Oneclick Logistics India have set their price bands at ₹93 and ₹99 respectively, both with a lot size of 1200 shares. Vinyas Innovative Technologies has a price band of ₹162-165 with a lot size of 800 shares.
Canarys Automations and Goyal Salt have lower price bands at ₹29-31 and ₹36-38 respectively, but with larger lot sizes of 4000 and 3000 shares.
In the mainline segment, Valiant Laboratories and E Factor Experiences are also closing their IPOs today. Valiant Laboratories has set its price band at ₹133-140 with a lot size of 105 shares, while E Factor Experiences has a slightly lower price band at ₹71-75 but with a larger lot size of 1600 shares.
Investors are eagerly watching these IPOs as they present diverse opportunities across various sectors. However, they are advised to carefully consider their investment decisions and check the Grey Market Premium (GMP) from reliable sources before making any commitments. Today’s market activity is expected to be high as investors make their final decisions on these offerings.
Disclaimer: The information provided above is based on the data available as of 2nd October 2023 and is subject to change. The subscription status of the IPOs and their details are obtained from reliable sources. However, the accuracy and completeness of this information are not guaranteed. Investors are advised to conduct their own due diligence and consult with their financial advisor before making any investment decisions. The assistant assumes no responsibility for any losses arising from any investment based on any recommendation, forecast or other information herein.