IPO GMP: Opportunities abound for investors looking to profit from the newest trends and developments in the quick-paced world of finance. With a plethora of upcoming IPOs (Initial Public Offerings) and bourse debuts, investors must maximise their chances of success by doing extensive due diligence and research. We will examine the prospects, risks, and potential rewards of the upcoming IPOs and bourse debuts in-depth in this extensive analysis.
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IPO GMP : An Overview
Initial Public Offerings (IPOs) represent a significant milestone for companies seeking to raise capital and expand their operations. By offering shares to the public for the first time, companies can access a broader pool of investors and unlock new avenues for growth. In the coming week, four companies are poised to make their debut on Dalal Street, with an additional nine companies scheduled to debut on the bourses.
Upcoming IPO GMP Overview
| Company Name | Sector | Offer Size (Rs. Cr) | Price Band (Rs. per share) | Opening Date | Closing Date |
| Vibhor Steel Tubes | Manufacturing | 72.17 | 141-151 | 13 Feb 2024 | 15 Feb 2024 |
| Wise Travel India | Transportation Services | 94.68 | 140-147 | 12 Feb 2024 | 14 Feb 2024 |
| Thaai Casting | Automotive Ancillary | 47.2 | 73-77 | 15 Feb 2024 | 19 Feb 2024 |
| Kalahridhaan Trendz | Textiles | 22.49 | 45 | 15 Feb 2024 | 20 Feb 2024 |
Vibhor Steel Tubes IPO GMP:
Vibhor Steel Tubes, a Haryana-based manufacturer of steel pipes and tubes, is set to launch its maiden public issue on February 13. With a fundraising target of Rs. 72.17 crore, the company aims to utilize the proceeds for working capital requirements and general corporate purposes. Investors can participate in the IPO by purchasing shares at a price band of Rs. 141-151 per share.
Vibhor Steel Tubes IPO GMP Details
| Parameter | Details |
| Open Date | 13 Feb 2024 |
| Close Date | 15 Feb 2024 |
| Issue Size | Rs. 72.17 Cr |
| Price Band | Rs. 141-151 |
| Total Shares Offered | 4,779,443 |
| Offered To Public | 1,662,479 |
| Listing Date | 20 Feb 2024 |
| Listing On | BSE, NSE |
Wise Travel India IPO GMP:
Wise Travel India, a provider of car rentals and transportation services, will kick off its IPO on February 12. With an offer size of Rs. 94.68 crore, the company aims to raise funds for working capital requirements and general corporate purposes. Investors can subscribe to the IPO at a price band of Rs. 140-147 per share.
Wise Travel India IPO Details
| Parameter | Details |
| Open Date | 12 Feb 2024 |
| Close Date | 14 Feb 2024 |
| Issue Size | Rs. 94.68 Cr |
| Price Band | Rs. 140-147 |
| Total Shares Offered | 6,441,000 |
| Offered To Public | 2,101,050 |
| Listing Date | 19 Feb 2024 |
| Listing On | NSE |
Thaai Casting IPO GMP:
Thaai Casting, an automotive ancillary company based in Chennai, will launch its IPO between February 15 and 19. With an issue size of Rs. 47.2 crore, the company plans to utilise the funds for capital expenditure and general corporate purposes. Investors can purchase shares at a price band of Rs. 73-77 per share.
Thaai Casting IPO Details
| Parameter | Details |
| Open Date | 15 Feb 2024 |
| Close Date | 19 Feb 2024 |
| Issue Size | Rs. 47.2 Cr |
| Price Band | Rs. 73-77 |
| Total Shares Offered | 6,130,000 |
| Offered To Public | – |
| Listing Date | – |
| Listing On | – |
Kalahridhaan Trendz IPO GMP:
Kalahridhaan Trendz, a textile company, will wrap up the week with its IPO launching on February 15. With an issue size of Rs. 22.49 crore, the company aims to utilize the funds for working capital requirements and general corporate purposes. The IPO is priced at Rs. 45 per share.
Kalahridhaan Trendz IPO Details
| Parameter | Details |
| Open Date | 15 Feb 2024 |
| Close Date | 20 Feb 2024 |
| Issue Size | Rs. 22.49 Cr |
| Price Band | Rs. 45 |
| Total Shares Offered | 4,998,000 |
| Offered To Public | – |
| Listing Date | – |
| Listing On | – |
Bourse Debuts IPO GMP:
Apart from the IPOs, several companies are scheduled to debut on the bourses, providing investors with additional opportunities for investment and growth. Kolkata-based hotel chain Apeejay Surrendra Park Hotels is set to lead the pack, with its IPO being subscribed 59.66 times during February 5-7.
Bourse Debuts Overview
| Company Name | Sector | Subscription Rate | Listing Date |
| Apeejay Surrendra Park Hotels | Hospitality | 59.66 times | 12 Feb 2024 |
| Rashi Peripherals | ICT Products | 59.71 times | 14 Feb 2024 |
| Jana Small Finance Bank | Finance | 18.5 times | 14 Feb 2024 |
| Capital Small Finance Bank | Finance | 4 times | 14 Feb 2024 |
The Conclusion:
As the financial markets gear up for another eventful week, investors have a plethora of opportunities at their fingertips. Whether it’s participating in IPOs or investing in companies making their bourse debuts, diligent research and prudent decision-making are key to success. By staying informed, remaining patient, and exercising caution, investors can navigate the dynamic landscape of the financial markets with confidence and poise. Here’s to a week filled with opportunity, growth, and prosperity for all.
Disclaimer: The information in this “Stock Profile” blog post is for informational purposes only. It is not financial advice. Always consult a qualified expert before making investment decisions.
