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4 IPOs to open for subscription this week. Check key details

As we enter the 2nd week of the brand-new year, 4 IPOs from January 8-12, 2024 will be offered to subscribe. Check out to understand the crucial information of IPOs from Jyoti CNC Automation, Australian Premium Solar (India), IBL Finance, and New Swan Multitech.

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The 2nd week of January will see 4 IPOs available

IPOs (Initial Public Offerings) in current times have actually gone beyond simple monetary deals, getting the attention of individuals throughout any age areas and is no longer restricted to simply experienced financiers. The 2nd week of the brand-new year rings in with pledge, as 4 IPOs are set to tempt in financiers. Let us have a better take a look at the specifics of these IPOs for the week.

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1. Jyoti CNC Automation IPO:

The Jyoti CNC Automation IPO, a book-built concern worth Rs 1,000.00 crores, is producing considerable buzz. The offering consists of a completely fresh concern of 3.02 crore shares.

Crucial Dates to bear in mind

Opens for SubscriptionJanuary 9, 2024
Closes onJanuary 11, 2024
Allocation FinalizationJanuary 12, 2024
Tentative Listing DateJanuary 16, 2024

Cost Band and Lot Sizes

Cost BandRs 315 to Rs 331 per share
Minimum Lot Size45 Shares

Retail Investor Minimum InvestmentRs 14,895
NII Minimum Investment14 lots (630 shares), Rs 208,530
NII Minimum Investment68 lots (3,060 shares), Rs 1,012,860

Secret Facilitators
Reserve Running Lead ManagersEquirus Capital Private Limited, ICICI Securities Limited, SBI Capital Markets Limited
RegistrarLink Intime India Private Ltd

2. Australian Premium Solar (India) IPO

The Australian Premium Solar (India) IPO, a book-built problem of Rs 28.08 crores, concentrates on renewable resource. It includes a totally fresh concern of 52 lakh shares.

Crucial Dates to bear in mind

Membership WindowJanuary 11, 2024, to January 15, 2024
Allocation FinalisationJanuary 16, 2024
Tentative Listing DateJanuary 18, 2024

Cost Band and Lot Sizes

Cost BandRs 51 to Rs 54 per share
Minimum Lot Size2000 Shares

Retail Investor Minimum InvestmentRs 108,000
HNI Minimum Investment2 lots (4,000 shares), Rs 216,000

Secret Facilitators
Reserve Running Lead ManagerBeeline Capital Advisors Pvt Ltd
RegistrarLink Intime India Private Ltd
Market MakerSpread X Securities

3. IBL Finance IPO

IBL Finance IPO, a repaired cost concern of Rs 33.41 crores, is set to develop ripples with a completely fresh problem of 65.5 lakh shares.

Crucial Dates to bear in mind

Membership PeriodJanuary 9, 2024, to January 11, 2024
Allocation FinalizationJanuary 12, 2024
Tentative Listing DateJanuary 16, 2024

Cost Band and Lot Sizes

IPO PriceRs 51 per share
Minimum Lot Size2000 Shares

Retail Investor Minimum InvestmentRs 102,000
HNI Minimum Investment2 lots (4,000 shares), Rs 204,000

Secret Facilitators
Schedule Running Lead ManagerFedex Securities Pvt Ltd
RegistrarBigshare Services Pvt Ltd
Market MakerMarket-Hub Stock Broking

4. New Swan Multitech IPO

The New Swan Multitech IPO, a book-built concern of Rs 33.11 crores, presents a totally fresh concern of 50.16 lakh shares.

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Crucial Dates to keep in mind

Membership WindowJanuary 11, 2024, to January 15, 2024
Allocation FinalizationJanuary 16, 2024
Tentative Listing DateJanuary 18, 2024

Rate Band and Lot Sizes

Cost BandRs 62 to Rs 66 per share
Minimum Lot Size2000 Shares

Retail Investor Minimum InvestmentRs 132,000
HNI Minimum Investment2 lots (4,000 shares), Rs 264,000

Secret Facilitators
Reserve Running Lead ManagersHem Securities Limited, Share India Capital Services Private Limited
RegistrarBigshare Services Pvt Ltd

Released By
Sonu Vivek
Released On
Jan 8, 2024