Ready, Set, Invest! 8 Upcoming IPOs Launching This Week – Which Ones Are Right for You?

There are several IPOs scheduled for this week, which runs from March 3rd, 2024 to March 9th, 2024. Here are a few of them:

Company NameIndustryType of OfferingIssue Size (Crore)Price (₹)Lot SizeSubscription DatesListing (Exchange)Details
R K SWAMYIntegrated Marketing ServicesBook Built Issue (Fresh Issue & OFS)423.56270 – 288 per share50March 4 – 6BSE & NSE (Tentative: March 12)Working capital, studio setup, growth initiatives
JG ChemicalsChemicals (Zinc Oxide)Book Built Issue (Fresh Issue & OFS)251.19Fresh: 165.00 (0.75 crore shares), OFS: 86.19 (0.39 crore shares)67March 5 – 7NSECombination of fresh issue and offer for sale
V R InfraspaceReal Estate (Affordable Housing)SME IPO (Fresh Issue Only)20.4085 per share1,600March 4 – 6 (Expected)NSE SME (Expected: March 12)Investment in Subsidiary, Working capital requirements, General Corporate Purposes
Pune E-Stock BrokingFinancial Services (Stock Broking)BSE SME IPO (Fresh Issue Only)38.2378 – 83 per share1,600March 7 – 12 (Expected)BSE SME (Expected: March 15)Expand their operations, Increase client base and revenue
Sona MachineryManufacturing (Agricultural Equipment)NSE SME IPO (Fresh Issue Only)51.82136 – 143 per share1,000March 5 – 7NSE SME (Expected: March 13)Setting Up a New Manufacturing Unit to Expand Production Capacity, Repayment of Letter of Credit to Improve Financial Health
Gopal SnacksFood Processing (Snacks)Book Built Issue (OFS Only)650.001.62 crore shares offered650March 6 – 11NSEOffer for Sale only
Shree Karni FabcomTextilesNSE SME IPO (Fresh Issue Only)42.49220 – 227 per share600March 6 – 11NSE SME (Expected: March 14)Working Capital Requirements, Capacity Expansion or Upgradation, Research & Development, Marketing & Brand Building
Koura Fine Diamond JewelryJewelry (Diamonds)BSE SME IPO (Fresh Issue Only)5.5055 per share2,000March 6 – 11BSE SME (Expected: March 14)

Check IPO Allotment Status Here


1. R K SWAMY IPO

  • Industry: Integrated Marketing Services
  • Issue Type: Book Built Issue
  • Issue Size: ₹423.56 Crore
  • Price Band: ₹270 – ₹288 per share
  • Issue Dates: March 4th, 2024 – March 6th, 2024
  • Listing: BSE & NSE (Tentative Listing Date: March 12th, 2024)

Details: This is a combination of fresh issue and offer for sale (OFS). The company will use the proceeds for working capital, setting up a studio, and growth initiatives.

Know More: R K SWAMY IPO: Should You Apply? (Opening March 4th, 2024)

Also Check: Exicom Tele-Systems IPO Allotment Status: Here’s What You Need to Know


2. JG Chemicals IPO

  • Industry: Chemicals Industry, specifically focusing on the production of Zinc Oxide.
  • Issue Dates: March 5, 2024 to March 7, 2024
  • Type of Issue: Book Built Issue
  • Total Offering Size: ₹251.19 crore
  • Issue Type: Combination of fresh issue and offer for sale (OFS)
  • Fresh Issue: 0.75 crore shares for ₹165.00 crore
  • Offer for Sale: 0.39 crore shares for ₹86.19 crore

3. V R Infraspace IPO

  • Industry: Real Estate (Specifically, Affordable Housing Projects)
  • IPO Type: SME IPO (Small and Medium Enterprises)
  • Issue Size: ₹20.40 Crore
  • Issue Type: Fresh Issue only (no offer for sale)
  • Number of Shares Offered: 24,00,000 shares
  • Issue Price: ₹85 per share
  • Subscription Dates: March 4, 2024 – March 6, 2024 (Expected)
  • Listing: NSE SME (Expected Listing Date: March 12, 2024)

Know More: V R Infraspace Limited IPO Detail (Real Estate)| Expert Opinion

Also Check: Platinum Industries IPO Allotment Status Out


4. Pune E-Stock Broking IPO

  • Industry: Financial Services Industry, specifically within the sub-sector of Stock Broking.
  • IPO Type: BSE SME IPO (Small and Medium Enterprises)
  • Issue Size: ₹38.23 Crore
  • Issue Type: Fresh Issue only (no offer for sale)
  • Number of Shares Offered: 4,606,400 shares
  • Price Band: ₹78 – ₹83 per share
  • Subscription Dates: March 7, 2024 – March 12, 2024 (Expected)
  • Allotment Date: Expected March 13, 2024
  • Listing: BSE SME (Expected Listing Date: March 15, 2024)

5. Sona Machinery IPO

  • Industry: Manufacturing of Agricultural Processing Equipment (specifically for processing grains, pulses, spices, etc.)
  • IPO Type: SME IPO (Small and Medium Enterprises)
  • Issue Size: ₹51.82 Crore
  • Issue Type: Fresh Issue only (no offer for sale)
  • Number of Shares Offered: 3,624,000 shares
  • Issue Price: ₹136 – ₹143 per share
  • Subscription Dates: March 5, 2024 – March 7, 2024
  • Listing: NSE SME (Expected Listing Date: March 13, 2024)

6. Gopal Snacks IPO

  • Industry: Food Processing Industry, with a specific focus on the Snacks segment.
  • Subscription Dates: March 6, 2024 to March 11, 2024
  • Offering Type: Book Built Issue
  • Total Offering Size: ₹650.00 crore
  • Issue Type: Offer for Sale (OFS) only
  • Number of Shares Offered: 1.62 crore shares

7. Shree Karni Fabcom IPO

  • Industry: Textiles
  • IPO Type: SME IPO (Small and Medium Enterprises)
  • Issue Size: ₹42.49 Crore
  • Issue Type: Fresh Issue only (no offer for sale)
  • Number of Shares Offered: 1,872,000 shares
  • Issue Price: ₹220 – ₹227 per share
  • Subscription Dates: March 6, 2024 – March 11, 2024
  • Listing: NSE SME (Expected Listing Date: March 14, 2024)

8. Koura Fine Diamond Jewelry IPO

  • Industry: Jewelry (Diamonds)
  • IPO Type: BSE SME IPO (Small and Medium Enterprises)
  • Issue Size: ₹5.50 Crore
  • Issue Type: Fresh Issue only (no offer for sale)
  • Number of Shares Offered: 1,000,000 shares
  • Issue Price: ₹55 per share
  • Subscription Dates: March 6, 2024 – March 11, 2024
  • Allotment Date: Expected March 12, 2024
  • Listing: BSE SME (Expected Listing Date: March 14, 2024)

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Hey, I'm Soniya Luthra (founder of financefundaa.com), a Chartered Accountant and seasoned stock market expert with extensive experience in trading and fundamental analysis. As an active participant in the market, I'm passionate about using my expertise to provide clear, actionable insights and guidance, helping readers make informed financial decisions.

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