Upcoming IPOs This Week: NTPC Green Energy to Open on November 19

IPO investments have witnessed a significant from various groups of investors, especially retail investors. In 2024, IPO activity in the country hit an all-time high, with the total issue size amounting to ₹1.38 trillion, the highest in 10 years. The previous peak was ₹1.31 trillion in 2021. This week, the Dalal market is likely to be busy with new listings, which include Zinka Logistics Solutions, Neelam Linen and Garments, Mangal Compusolution, and Onyx Biotech.

Coming to the upcoming IPO, the primary market is likely to witness 2 mainboard IPO and 3 small and medium enterprise (SME) IPOs for public subscription. Here is a list of IPOs to open this week starting Tuesday, November 19, 2024. 

Mainboard IPOs

NTPC Green Energy Limited IPO: NTPC Green Energy IPO opens for subscription on November 19, 2024 and closes on November 22, 2024.NTPC Green Energy IPO is entirely a fresh issue of ₹10,000.00 crore. The price band has been set at ₹102 to ₹108 per share. NTPC Green Energy IPO allotment is expected to be finalised on Monday, November 25, 2024.

Enviro Infra Engineers IPO: The ₹650.43 crore Enviro Infra Engineers IPO opens for subscription on November 22, 2024 and closes on November 26, 2024. The price band for the IPO has been set at ₹140 to ₹148 per share with a lot size of 101 shares. Enviro Infra Engineers IPO allotment is likely to be finalised on November 27, 2024.

SME IPOs

Lamosaic India IPO: Lamosaic India IPO  is entirely a fresh issue of ₹61.20 crore, which opens for bidding on November 21, 2024 and closes on November 26, 2024. Lamosaic India IPO allotment is expected to be finalised on November 27, 2024. Lamosaic India IPO price has been set at ₹200 per share. The minimum lot size for an application is 600 shares.

C2C Advanced Systems Limited IPO: C2C Advanced Systems Limited is a vertically integrated defence electronics solutions provider catering to the indigenously developed defence products industry in India. The ₹99.07 crore C2C Advanced Systems IPO opens for subscription on November 22, 2024 and closes on November 26, 2024. In addition, the C2C Advanced Systems IPO allotment is expected to be finalised on November 27, 2024.

Rajesh Power Services IPO: The ₹160.47 crore Rajesh Power Services IPO opens for subscription on November 25, 2024 and closes on November 27, 2024. Rajesh Power Services IPO allotment is expected to be finalised on November 28, 2024, and the price band has been set at ₹320 to ₹335 per share. Rajesh Power Services Limited provides consultancy to state transmission and distribution companies and private utilities and industries.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.