IPO Alert – Double opportunity to earn in Budget Week, these two IPOs will open, note details – IPO Alert Two Issue Open in Budget Week from Dr Agarwals Healthcare to Malpani Check Price Band and Lot Size Tutc
The country’s general budget (Budget 2025) is going to be presented in the week starting today. On 1 February, Finance Minister Nirmala Sitharaman will give a budget speech in Parliament. Amidst all the announcements in this budget, the country will also keep an eye on the speed of the stock market. Meanwhile, in Budget Week, IPO investors are also going to get a double opportunity to earn and two issues are opening. One of them is a manboard, and the other is of SME category. Let’s know about them in detail …
IPO of Dr. Agrawals Healthcare
The first IPO that is going to open in the budget week is the issue of Dr. Agrawal’s Healthcare included in the manboard category and the company has planned to raise Rs 3,027.26 crore from the market through it. This issue will be open for subscription on January 29 and investors will be able to invest in it by 31 January. After the closure, the allotment of this IPO will be on February 3 and the stock market’s index will be listed on the company’s shares on 5 February 2025.
Price band and lot size so much
7,53,04,970 shares will be introduced for bid bids through Dr. Agrawals Healthcare’s IPO, out of which 74,62,686 fresh shares of Rs 300 crore will be done. The company has fixed the price band 382 to 402 rupees per share under its IPO. Its lot size is of 35 shares and according to the upper price band, the investor will have to invest at least Rs 14,070. At the same time, any investor will be able to bid for a maximum of 14 lots and for this, you will have to invest Rs 1,96,980.
IPO of Malpani Pipes
The second IPO is going to open the SME category and its name is Malpani Pipes IPO, whose size is Rs 25.92 crore. This issue will also be closed on 31 January after opening on 29 January. The company will issue 28,80,000 shares with a face value of Rs 10 through this IPO and the price band has been fixed at Rs 85 to 90 per stock. Its lot size is of 1600 shares and will have to invest at least Rs 1.44 lakh. Its listing will be on BSE SME on 5 February.
Both IPO conditions in gray-market
Now let’s talk about both these IPO gray market premium i.e. GMP, then Dr. Agwals Healthcare is trading at the premium of around Rs 60 in the IPO Gray-Market and its possible listing is expected to be 14 percent above the upper price. Is. At the same time, GMP of Malpani IPO is running Rs 20 and according to the upper price band, the company’s shares are seen listing at Rs 110.
(Note- Be sure to consult your market experts before any kind of investment in the stock market or IPO market.)
