The week ahead is set to be super busy for primary market investors as seven initial public offers (IPOs) will open for subscription, of which two are mainboard issues. Besides, eight stocks will make their Dalal Street debuts.

Popular Vehicles and Krystal Integrated are the two mainboard IPOs that will open for subscription next week, while the four SME IPOs are Pratham EPC, Signoria Creation,

Royal Sense, and AVP Infracon.

Dalal Street Listings

From the mainboard segmnet, RK Swamy Ltd shares will list on March 12, while VR Infraspace will debut on NSE Emerge platform on the same day.

Similarly, Sona Machinery shares will list on the NSE Emerge platform on March 13, while JB Chemicals will debut on the mainboard.

Shree Karni Fabcom and Kourna Fine Diamond will list on the SME segment on March 14, while Gopal Snacks will debut in the mainboard on the same day.Pune E-Stock Broking will list on the SME platform on March 15.

Mainboard IPOs

Popular Vehicles

The public issue of Popular Vehicles & Services will open for subscription on March 12 and close on March 14. It has fixed a price band of Rs 280-295 for its maiden public offer.

The company plans to raise around Rs 602 crore which comprises a fresh issue of Rs 250 crore and an offer for sale of up to 11,917,075 shares of face value of Rs 2 each. The retail quota is fixed at 35%, the QIB portion at 50%, and the HNI portion at 15%.

Popular Vehicles caters to the complete life cycle of vehicle ownership, right from the sale of new vehicles, servicing and repairing vehicles, distributing spare parts and accessories, facilitating the sale and exchange of pre-owned vehicles, operating driving schools and facilitating the sale of third-party financial and insurance products.

As of December 2023, the company operated through its network of 61 showrooms, 133 sales outlets and booking offices, 32 pre-owned vehicle showrooms and outlets, 139 authorised service centres, 43 retail outlets, and 24 warehouses located across India.

Krystal Integrated

Krystal Integrated’s IPO will open for subscription on March 14 and close on March 18. The IPO comprises a fresh issue of Rs 175 crore and an offer for sale of up to 1,750,000 shares of face value of Rs 10 each.

Krystal is a leading integrated facilities management services company with a focus on healthcare, education, public administration, airports, railways and metro infrastructure, and retail sectors.

Proceeds from the fresh issue will be utilised for debt payment, supporting working capital requirements, fund capital expenditure for the purchase of new machinery and for general corporate purposes.

Also Read: JG Chemicals IPO allotment: Check status, GMP, other details

SME segment

In the SME segment, four companies — Pratham EPC, Signoria Creation, Royal Sense, and AVP Infracon — are planning to raise just over Rs 107 crore with their initial share sales next week.

Pratham EPC’s IPO will open for subscription on March 11 and close on March 13. The company has fixed the price band for the same at Rs 71-75 a share.

The IPOs of Royal Sense and Signoria Creation will open for subscription on March 12 and close on March 14.

For Sinoria Creation, the price band has been fixed at Rs 61-65 a share, and that of Royal Sense is fixed at Rs 68 a share.

Royal Sense IPO minimum market lot is 2000 shares with a ₹136,000 application amount, while for Signoria Creation IPO, the minimum market lot is 2000 shares with a ₹130,000 application amount.

AVP Infracon’s public offer will open for subscription on March 13 and close on March 15.