IPO Tracker: Two Exciting Listings to Watch This Week
The Dalal Street is buzzing with two new initial public offerings (IPOs) this week, offering investors a chance to diversify their portfolios. Here's a breakdown of the upcoming listings and key details:
Excelsoft Technologies IPO:
- Listing Date: November 19th
- Subscription Ends: November 21st
- Book Building Issue: Rs 500 crore, with 4.17 crore shares on offer.
- Breakdown: 1.50 crore fresh shares (Rs 180 crore) and 2.67 crore offer for sale (Rs 320 crore).
- Price Band: Rs 114-120 per share.
- Minimum Lot Size: 125 shares.
- Listing Platforms: NSE and BSE.
- Allotment Date: November 24th
- Listing Date: November 26th
Gallard Steel Ltd. IPO (SME Issue):
- Listing Date: November 19th
- Subscription Ends: November 21st
- Book Building Issue: 25 lakh shares (Rs 37.50 crore).
- Price Band: Rs 142-150 per share.
- Minimum Lot Size: 2,000 shares.
- Listing Platform: BSE.
- Allotment Date: November 24th
- Listing Date: November 26th
Additionally, keep an eye on:
- Fujiyama Power Systems Ltd.: Final day of subscription on November 17th.
- Capillary Technologies Ltd.: Initial public offer closes on November 18th.
Key Takeaway: This week's offerings provide opportunities for investors to tap into diverse sectors. Remember to assess your risk tolerance and consult financial advisors before making investment decisions.