
The year 2024 noticed great development in India’s IPO market. This year is transferring in direction of an awesome finish with the IPO of Indo Farm Equipment and Technikem Organics in the last week of 2024. Along with this, 6 new listings can even be seen this week, out of which 4 shall be in the mainboard.
IPO market expectations in 2025
Like the year 2024, the tempo of IPO market is anticipated to stay quick in 2025 additionally. Market consultants consider that greater than Rs 2 lakh crore could be raised by IPO subsequent year.
IPO of 2025
Although the IPO of Indo Farm Equipment will open on 31 December 2024, it’s going to shut on 2 January 2025. That means, in order for you to make investments in IPO in the new year, then this IPO can provide you an funding alternative. Indo Farm Equipment Company manufactures tractors and pick-and-carry cranes.
Complete details about IPO
The worth band for IPO has been mounted at Rs 204-215 per share. Talking about lot dimension, traders could have to bid for no less than 69 shares. That means there shall be 69 shares in one lot. Explained in easy language, you’ll have to make investments Rs 14,835 to purchase one lot of this IPO. The firm will difficulty 86 lakh new shares.
You may make investments in Technikem Organics IPO
You may make investments in the IPO of Technikem Organics for the year 2025. This IPO opened on twenty first December and can stay open for subscription until 2nd January. This is a very contemporary difficulty of Rs 25 crore. Talking about the worth band, it is Rs 52-55 per share.
Let us let you know, Technikem works in manufacturing natural chemical compounds, particular chemical compounds, pigments and dye intermediates. The firm serves sectors like prescription drugs, agriculture, coatings, pigments and dyes.
Disclaimer: (The data supplied right here is being supplied for data solely. It is necessary to observe right here that funding in the market is topic to market dangers. Always search knowledgeable recommendation earlier than investing money as an investor. ABPLive.com doesn’t advise anybody It is by no means advisable to make investments money right here.)
Also learn: Income Tax Return E Verification: One mistake and there shall be loss, know what issues ought to be saved in thoughts whereas submitting ITR
Check out this related article: One mistake and there will be loss, know what things should be kept in mind while filing ITR
Source link