Stock market: Get ready to invest, four IPOs open next week.

New Delhi. The IPO market is in full swing in the year 2024. So far in the year 2024, many IPOs have hit the market. Some of these cases have made the investors a lot of money while in some the investors have faced losses. You will have the opportunity to invest in four IPOs (IPO Next IPO) in the week starting from February 26. So, you should check your bank account balance from now on. Significantly, all the IPOs starting next week are main board IPOs. This means they will be listed on NSE and BSE.

We will not only give you complete details of these four IPOs but also tell you what signals are being received from the gray market regarding these IPOs. It is important to know here that before investing in any IPO, you must consult your financial advisor. Taking any tip or information circulating on social media as truth is highly likely to cause harm.

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Mecca Proteins IPO
The IPO of Mecca Protein, the country’s largest fish food company, will open on February 26. Investors can bid for shares in the issue till February 28. The size of this IPO is Rs 225 crore. The price band of the IPO is Rs 25-30 per share. 35 percent of the IPO shares are reserved for retail investors, 50 percent for QIBs and 15 percent for NII. There are 525 shares in 1 lot. This means you have to invest a minimum of Rs 14,700. The unlisted shares of Mecca Protein IPO are trading at a premium of Rs 12 in the gray market.

IPO of Platinum Industries
From February 27 to February 29, money can be invested in the IPO of Platinum Industries. The company is engaged in the business of manufacturing stabilizers. The price band for this issue is Rs 162-171 per share. The total size of the IPO is Rs 216 crore. 35 percent of the IPO is reserved for retail investors, 15 percent for eligible institutional buyers and 15 percent for NII. Platinum Industries’ IPO shares are trading at a premium of Rs 30 in the gray market.

Exicom Tele-Systems IPO
The IPO of Exicom Tele-Systems, a maker of electronic vehicle chargers, will be open from February 27 to February 29, 2024. The price band of the IPO is Rs 135-142 per share. In this Rs 320 crore IPO, fresh shares worth Rs 329 crore will be issued and 70,42,200 equity shares will be sold through an offer for sale. 1 lot of IPO has 100 shares. Thus, according to the upper price band, you have to invest at least Rs 14,200. The unlisted shares of Exicom Tele-Systems IPO are trading at a premium of Rs 95 in the gray market.

Invite India Highways IPO.
The IPO of Bharat Highways InvIT will be open from 28 February 2024 to 1 March 2024. Bharat Highways Invit is an infrastructure investment trust. The price band of Bharat Highways Invit IPO is Rs 98-100 per share. The size of the IPO is Rs 2500 crore. There are 150 shares in 1 lot.

Tags: money making tips, Stock market, IPO