Upcoming IPOs: Mono Pharmacare, Rishabh Instruments IPO among IPOs to open this week; check full list of IPOs, share allotment, subscription, listings,  and other details

Produced by: Harshita
Designed by: Manoj Kumar

The primary market witnessed some major listings in both main board and SME IPOs in August 2023. Continuing the momentum, several initial public offerings (IPOs) will open this week as the month ends and September begins. Check the list of upcoming IPOs, listings, allotment date, subscription, and other details.

Upcoming IPOs

The initial public offering (IPO) of the energy efficiency solutions provider Rishabh Instruments will open for subscription on Wednesday, August 30. Rishabh Instruments IPO is made up of fresh issue of Rs 75 crore and offer for sale (OFS) portion that aggregates to 9.43 million equity shares on upper band price through the offer. It has fixed a price band in the range of Rs 418-Rs 441 per equity share of face value of Rs 10 each.

Rishabh Instruments IPO: price band

The allocation to anchor investors for Rishabh Instruments IPO is scheduled to take place on Tuesday, August 29, and the issue will close on Friday, September 1. The share allotment is likely to be finalised on September 6, 2023. Rishabh Instruments IPO is a mainboard IPO, and its shares will get listed on stock exchanges BSE and NSE, with the tentative listing date set as Monday, September 11.

Rishabh Instruments IPO: Share allotment, listing

Continue viewing BT Visual Story

Catch the latest business news, share market updates, expert analysis and exclusives only on BTTV.in

Watch BTTV

Click Here

Mono Pharmacare is a small- and medium-sized enterprise (SME) IPO, which opened for subscription on Monday, August 28. Mono Pharmacare IPO consists of fresh issue of 53,00,000 equity shares aggregating to Rs 14.84 crore. There's no offer for sale (OFS) component. It has fixed a price band of Rs 26 to Rs 28 per equity share of face value of Rs 10 each.

Mono Pharmacare IPO: Price Band

Mono Pharmacare IPO will conclude on Wednesday, August 30. The basis of allotment of shares will be finalised on Monday, September 4. Mono Pharmacare shares are likely to be listed on NSE SME on Thursday, September 7.

Mono Pharmacare IPO: Share allotment, listing

CPS Shapers is an SME IPO that will open for subscription on Tuesday, August 29. The textile company is planning to raise Rs 11.10 crore via the public offer, which is entirely a fresh issue. It is a fixed price issue, with an offer price of Rs 185 per share. CPS Shapers IPO will close on Thursday, August 31. The basis of allotment of shares will be finalised on Tuesday, September 5. CPS Shapers shares are likely to be listed on NSE SME on Friday, September 8.

CPS Shapers IPO: Price Band

Basilic Fly Studio is an SME IPO that will open for subscription on Friday, September 1. The public issue of 68.4 lakh equity shares comprises a fresh issue of 62.4 lakh shares by the company and an OFS of 6 lakh shares by the promoters. The Chennai-headquartered visual effects studio is yet to announce the price band and issue size. Basilic Fly Studio IPO will close on Tuesday, September 5, and the basis of allotment will be finalised on Friday, September 8. Basilic Fly Studio shares will be listed on NSE SME on Wednesday, September 13.

Basilic Fly Studio IPO details

Shares of the polymer manufacturer will get listed on stock exchanges BSE and NSE on Wednesday, August 30. The refunds will be initiated on Monday, August 28, and shares will be credited to demat accounts on Tuesday, August 29.

Pyramid Technoplast share listing

Shares of the Ashish Kacholia-backed company Aeroflex Industries will get listed on stock exchanges BSE and NSE on Thursday, August 31, 2023. The IPO share allotment will take place on Tuesday, August 29. The refunds will be initiated on Wednesday, August 30 and shares will be credited to demat accounts on Thursday, August 31.

Aeroflex Industries listing

Shares of the SME IPO Crop Life Science will get listed on NSE SME on Wednesday, August 30. The refunds will be initiated on Monday, August 28 and shares will be credited to demat accounts on Tuesday, August 29. Shares of the SME IPO Bondada Engineering will get listed on August 30. The refunds will be initiated today, and shares will be credited to demat accounts on August 29. Shares of Shoora Designs (SME IPO) will get listed on BSE SME on Tuesday, August 29.

Share listings this week

Shares of the SME IPO will get listed on NSE SME on Thursday, August 31. The IPO share allotment will take place today. The refunds will be initiated on Tuesday, August 29 and shares will be credited to demat accounts on Wednesday, August 30. Additionally, Vishnu Prakash R Punglia IPO will close today, and SME IPO Sahaj Fashions will close on August 29.

Sungarner Energies

Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Business Today. Investors should consult their financial advisors before taking any position

Disclaimer