Upcoming IPOs Next Week: Bharti Hexacom Listing and SME Opportunities
After the grand debut of Bharti Hexacom to mark the beginning of the fiscal year, the primary market is poised to continue its momentum with three new SME issues set to hit the market. While the mainboard IPOs take a brief hiatus, the SME segment remains active, offering investors fresh opportunities to diversify their portfolios.
1. Bharti Hexacom’s listing
After garnering an impressive subscription rate of nearly 30 times, Bharti Hexacom’s IPO is poised for its listing next week. This highly anticipated event not only signifies the company’s successful fundraising but also underscores investor confidence in its growth prospects. As one of the leading players in the telecommunications sector, Bharti Hexacom’s listing is expected to draw significant interest from institutional and retail investors alike.
SME Segment Continues to Shine
While no new mainboard IPOs are opening next week, the SME (Small and Medium Enterprises) segment remains active.
Here are the highlights:
2. Teerth Gopicon SME IPO:
Teerth Gopicon, an engineering construction and development company operating primarily in Madhya Pradesh, is set to launch its IPO from April 8 to April 10. With a price band of Rs 111 per share, the company aims to raise funds for its expansion plans and capital expenditure. The IPO comprises a fresh equity sale of 39.9 lakh shares, with 50% reserved for retail investors, presenting them with an opportunity to participate in the company’s growth journey.
3. DCG Cables and Wires SME IPO:
DCG Cables and Wires, a manufacturer specializing in copper cables and wires, is also gearing up for its IPO launch from April 8 to April 10. Priced at Rs 100 per share, the company intends to raise approximately Rs 50 crore through a fresh equity sale of 39.9 lakh shares. With a focus on products used in transformers, DCG presents investors with exposure to a niche segment within the electrical industry.
4. Greenhitech Ventures SME IPO:
Greenhitech Ventures, engaged in trading various petroleum-based products catering to different industry segments, is set to kick off its IPO on April 12. The IPO, which aims to raise around Rs 6.3 crore, will be available for subscription until April 16. Priced at Rs 50 per share, investors can bid for 3,000 shares in one lot, providing an opportunity for participation in the burgeoning energy sector.
In conclusion, while the primary market may experience a temporary pause in mainboard IPO activity, the upcoming week remains significant with the listing of Bharti Hexacom and the introduction of three new SME offerings. As investors evaluate these opportunities, it’s crucial to conduct thorough research, assess risk factors, and seek professional advice to make informed investment decisions.
Disclaimer:
The information provided herein is for informational purposes only and does not constitute investment advice. Investors are urged to perform their due diligence and consult with financial advisors before making any investment decisions.
Conclusion,
Next week’s IPO market promises to be dynamic and filled with opportunities for investors. With the listing of Bharti Hexacom and the introduction of three new SME IPOs, there’s ample room for growth and diversification. Investors should carefully evaluate each opportunity, considering factors such as the company’s fundamentals, industry outlook, and market conditions. While the excitement in the IPO market continues to flourish, it’s essential for investors to conduct thorough research and seek professional guidance before making any investment decisions. With prudent analysis and strategic planning, investors can seize the potential offered by these IPOs and navigate the market with confidence.