Exciting Week Ahead: New IPOs and SME Opportunities to Explore

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By aashishbudhathoki66@gmail.com

Get Ready for Fresh Investment Choices: Saraswati Saree Depot and More

This week brings a flurry of new investment opportunities, with several exciting IPOs and SME offerings set to hit the market. Whether you’re looking at the well-known Saraswati Saree Depot Ltd. or exploring smaller SME prospects, there’s plenty to consider.

Saraswati Saree Depot Ltd. IPO
Total Amount to be Raised: ₹160.01 crore
When to Subscribe: August 12 – August 14, 2024
Price Range: ₹152 to ₹160 per share
Minimum Purchase: 90 shares
Investment Start: ₹14,400
Saraswati Saree Depot, a leading name in women’s sarees and apparel, is launching its IPO this week. The offer includes a fresh issue of shares worth up to ₹104 crore and an Offer for Sale (OFS) of ₹56 crore. If you’re interested in this well-established company, make sure to subscribe by August 14. Shares will be available on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) from August 20, 2024. Unistone Capital Pvt Ltd is leading the IPO, while Bigshare Services Pvt Ltd will manage the registration.

Small and Medium-Sized Enterprise (SME) IPOs
Sunlite Recycling Industries Ltd

Total Offer Size: ₹30.2 crore
Subscription Dates: August 12 – August 14, 2024
Price Range: ₹100 to ₹105 per share
Lot Size: 1,200 shares
Sunlite Recycling, known for its oxygen-free copper rods, will open its IPO on the NSE SME platform.

Positron Energy Ltd

Total Offer Size: ₹51.2 crore
Subscription Dates: August 12 – August 14, 2024
Price Range: ₹238 to ₹250 per share
Lot Size: 600 shares
If you’re interested in the energy sector, Positron Energy, which serves the oil and gas industry, will also list on the NSE SME platform.

Solve Plastic Products Ltd

Total Offer Size: ₹11.8 crore
Subscription Dates: August 13 – August 16, 2024
Price: ₹91 per share
Lot Size: 1,200 shares
Solve Plastic Products is set to offer its shares on the NSE SME platform starting August 13.

Broach Lifecare Hospital Ltd

Total Offer Size: ₹4 crore
Subscription Dates: August 13 – August 16, 2024
Price: ₹25 per share
Lot Size: 6,000 shares
This IPO, focusing on healthcare services, will be available on the BSE SME platform.

Upcoming IPO Listings
This week is also notable for new listings:

FirstCry.com (Brainbees Solutions Ltd) will start trading on August 13, 2024.
Unicommerce eSolutions Ltd will also make its debut on August 13, 2024.
Aesthetik Engineers Ltd, which had its subscription period last week, will be listed on the NSE SME platform on August 16, 2024.

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