IPOs Next Week: 1 SME IPO to open, Protean eGov Tech, 2 other listings for primary markets; check details

Next Week's IPOs: Arrowhead Separation Engineering's IPO is scheduled to begin next week. The exchanges will list Protean eGov Technologies and two other companies.

Nov 11, 2023 - 23:13 Updated: Nov 12, 2023 - 00:12

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IPOs Next Week: 1 SME IPO to open, Protean eGov Tech, 2 other listings for primary markets; check details

One new SEM IPO and three companies are set to list in the coming week. Photo: iStock

IPOs Next Week: Last month, the primary market saw some important listings in both the main board and the small- and medium-sized enterprise (SME) categories, which kept investors interested in subscriptions and listings. Moving on, the upcoming holiday-shortened week after Diwali sees high market buzz - equally filled with fresh listings and IPO issues available for subscription.

Let's take a look at the firms that will be open for subscription this week, as well as a handful that will be listed on the bourses.

Arrowhead Seperation Engineering IPO

The SME IPO will go on sale on November 16, 2023, and will close on November 20, 2023. The Arrowhead Separation Engineering IPO has a fixed price of Rs. 13.00 crore. The issue is a completely new issue of 5.58 lakh shares. The IPO price for Arrowhead Separation Engineering is 233 per share.

New Listings:

Protean eGov Technologies: On November 13, the shares of the mainboard IPO will be listed on the stock markets BSE and NSE.

ASK Automotive: The shares of the mainboard IPO are expected to be listed on the BSE and NSE on November 15.

Baba Food Processing: Shares of the SME IPO are expected to be launched on the NSE SME on November 16. Refunds will begin on November 13, with shares being credited to demat accounts on November 15.