Are you looking for an easy and informative article on the Upcoming IPO Calendar?
This page will give you all the information on upcoming IPOs ready to list in May 2024. After reading all the information, you will have a good idea of the List Of Upcoming IPO In May 2024.
First of all, we should know what an IPO is. Let’s have a brief explanation.
What is an IPO?
IPO stands for Initial Public Offering. In short, it’s the process by which a private company sells its shares to the public for the first time, allowing the company to raise money from a wide range of investors.
Here’s a quick breakdown of what an IPO is:
Going public: A private company becomes a publicly traded company, meaning its shares can be bought and sold on a stock exchange.
Raising capital: The company gets a big cash injection by selling shares. This money can be used for growth, debt repayment, or funding new projects.
Ownership change: Investors who buy the shares become part company owners.
List Of Upcoming IPO In May 2024
As the financial scene shifts, savvy investors seek new growth opportunities. IPOs offer a window to invest in budding companies and potentially benefit from their growth. In this piece, we explore three IPOs slated for May 2024: Quest Laboratories, Indian Emulsifier, and Mandeep Auto Industries, evaluating their investment potential. Here’s a look at the Upcoming IPO In May 2024.
1) Quest Laboratories IPO
Quest Laboratories is gearing up for its IPO, launching as a book-built offering valued at Rs 43.16 crores, with 44.5 lakh new shares available. The shares are priced between Rs 93 and Rs 97, and investors need to buy at least 1200 shares, equating to a minimum investment of Rs 116,400.
The IPO window opens on Wednesday, May 15, 2024, and will close on Friday, May 17, 2024. Share allotment is scheduled for Tuesday, May 21, 2024, with the shares set to debut on the stock market on Thursday, May 23, 2024.
Indian Emulsifier IPO
Indian Emulsifier is preparing to launch its IPO, a book-built issue valued at Rs 42.39 crores, offering 32.11 lakh new shares. The shares are priced from Rs 125 to Rs 132, with investors needing to purchase a minimum of 1000 shares, totaling at least Rs 132,000.
The subscription period begins on Monday, May 13, 2024, and ends on Thursday, May 16, 2024. Shares are set to be allotted on Friday, May 17, 2024, and the company plans to go public on the stock exchange on Wednesday, May 22, 2024.
Mandeep Auto Industries IPO
Mandeep Auto Industries is preparing to enter the market with its IPO, positioned as a fixed-price issue at Rs 25.25 crores. This offering includes 37.68 lakh new shares, each priced at Rs 67. Investors must purchase a minimum lot size of 2000 shares, translating into a minimum investment of Rs 134,000.
The specific dates for the IPO’s commencement, subscription period, and stock exchange listing will be announced as the launch approaches.
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Summary
Quest Laboratories IPO:
Quest Laboratories is launching an IPO of Rs 43.16 crores, entirely consisting of fresh shares totaling 44.5 lakh, with a price range of Rs 93 to Rs 97 per share.
The IPO requires retail investors to buy a minimum of 1200 shares, equating to an investment of at least Rs 116,400.
The subscription window for the IPO is from Wednesday, May 15, 2024, to Friday, May 17, 2024, with the shares expected to be listed on the stock exchange on Thursday, May 23, 2024.
Indian Emulsifier IPO:
Indian Emulsifier is launching an IPO valued at Rs 42.39 crores, with shares priced from Rs 125 to Rs 132.
Retail investors are required to purchase at least 1000 shares, corresponding to a minimum investment of Rs 132,000.
The IPO will open on May 13, 2024, and close on May 16, 2024, with the shares expected to list on the stock exchange on May 22, 2024.
Mandeep Auto Industries IPO:
Mandeep Auto Industries is planning an IPO valued at Rs 25.25 crores with shares priced at Rs 67 each.
Retail investors must buy a minimum of 2000 shares, resulting in a minimum investment of Rs 134,000.
The IPO dates, including subscription and listing dates, will be announced later.
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