A new spring is about to come in the stock market! 6 listings and many IPOs will be launched next week

After some lull, the primary market is going to be very busy next week. Between June 23 and June 29, investors will have the opportunity to invest money in many new IPOs. During this period, 3 mainboard IPOs, 3 SME IPOs, some ongoing public issues and 6 new listings will be the center of discussion in the market. Companies from different sectors like tourism, jewellery, technology, seeds and manufacturing are turning to the stock market to raise capital.

Most attention on mainboard IPO

Next week’s biggest IPO will be that of Waterways Leisure Tourism. The company is planning to raise Rs 585 crore. This will be a completely fresh share issue. The IPO will open on June 23 and close on June 25. The company has fixed the price band of Rs 769-808 per share. The listing of its shares is expected to happen on July 1.

Apart from this, Advit Jewels is also coming with its IPO. The company wants to raise around Rs 165 crore. This issue will also open on 23rd June and close on 25th June. Its price band has been kept at Rs 130-138 per share. The listing is proposed on July 1.

The third mainboard IPO will be of CSM Technologies. This technology sector company wants to raise about Rs 146 crore. Its IPO will open on June 24 and close on June 29. The company has fixed the price band of Rs 107-113 per share. Its probable listing will take place on July 2.

There will be movement in SME segment also

Activity in the SME segment also remains brisk.

1. Jivial Industries will launch its IPO on June 23. This will include both fresh issue and offer for sale (OFS). The listing of the company will be on BSE SME platform.
2. Shreedhar Spinners will also hit the market on June 23. This company of textile sector is preparing to raise about Rs 31 crore. Its price band has been kept at Rs 51-53 per share.
3. Whereas the IPO of Dhanwel Hybrid Seeds will open on 24th June and will close on 29th June. The company wants to raise around Rs 27 crore. Its price band has been fixed at Rs 95-99 per share.

Also keep an eye on the ongoing IPO and listing

Some IPOs already opened will also be available to investors next week. Prominent among these is the IPO of Turtlemint Fintech Solutions, which is planning to raise around Rs 883 crore. This issue will remain open till June 23.

Talking about listing, Clay Craft, Diksha Polymers, Leapfrog Engineering and Leotech Industries will be listed on the SME platform on June 24. Aviance Biomedicals and Riyasat Lifestyle are expected to debut in the stock market on June 25.