
Which IPOs Will Hit the Stock Market Next Week?
The Indian primary market is set to see a slight revival in the week starting March 17 after a prolonged period of inactivity. After weeks of no mainboard IPOs, the market is expected to witness a fresh influx of issues, including a mainboard IPO by ArisInfra Solutions and several SME IPOs. In this blog post, we will take a closer look at the upcoming IPOs and provide you with all the necessary information to make informed investment decisions.
ArisInfra Solutions Mainboard IPO
ArisInfra Solutions, a leading IT and digital solutions company, is set to launch its mainboard IPO on March 20. The issue will consist of a fresh issue of 2.86 crore shares, which is expected to raise Rs 220 crore. The company has fixed a price band of Rs 550-570 per share for the IPO. The issue will be open for subscription from March 20 to March 24.
ArisInfra Solutions provides a range of IT and digital solutions to clients across industries, including banking, financial services, and healthcare. The company has reported a strong track record of growth, with its revenue increasing by 25% year-on-year in the fiscal year 2020.
SME IPOs
In addition to the ArisInfra Solutions mainboard IPO, the week will also see the launch of several SME IPOs. These include:
- Paradeep Parivahan Ltd: Paradeep Parivahan Ltd, a logistics and transportation company, is set to launch its SME IPO on March 18. The issue will consist of 24 lakh shares, which is expected to raise Rs 1.44 crore. The company has fixed a price band of Rs 60-66 per share for the IPO.
- Divine Hira Jewellers Ltd: Divine Hira Jewellers Ltd, a jeweller and diamond trader, is set to launch its SME IPO on March 19. The issue will consist of 15 lakh shares, which is expected to raise Rs 9.45 crore. The company has fixed a price band of Rs 63-70 per share for the IPO.
- Grand Continent Hotels Ltd: Grand Continent Hotels Ltd, a hospitality company, is set to launch its SME IPO on March 20. The issue will consist of 15 lakh shares, which is expected to raise Rs 9.45 crore. The company has fixed a price band of Rs 50-55 per share for the IPO.
Investment Strategy
Before investing in any IPO, it is essential to conduct thorough research and analysis. Here are some key factors to consider when evaluating the ArisInfra Solutions mainboard IPO and SME IPOs:
- Company fundamentals: Evaluate the company’s financial performance, growth prospects, and competitive position.
- Industry trends: Understand the industry trends and outlook, and how they may impact the company’s performance.
- IPO pricing: Evaluate the IPO pricing and whether it is reasonable in relation to the company’s fundamentals.
- Risk factors: Consider the potential risk factors, such as market volatility, regulatory changes, and competition.
Conclusion
The upcoming IPOs, including the ArisInfra Solutions mainboard IPO and SME IPOs, offer investors a range of opportunities to invest in different sectors and industries. However, it is essential to conduct thorough research and analysis before investing in any IPO. By considering the company fundamentals, industry trends, IPO pricing, and risk factors, investors can make informed decisions and potentially achieve strong returns.
Source
https://www.newsbytesapp.com/news/business/ipo-calendar-4-issues-scheduled-this-week/story