Upcoming IPOs This Week: 2 SME IPO Debuts to Watch From Feb 17-21

This week’s upcoming IPOs present exciting opportunities for investors, with 2 significant listings planned from February 17-21. Covering various sectors, these SME IPOs offer a chance to discover fresh growth prospects. Here’s a brief overview of the key highlights.

Upcoming IPOs This Week in February 2025

• Beezaasan Explotech 

Beezaasan Explotech is launching an IPO worth ₹59.93 crore through a book-built issue. The entire offering consists of 34.25 lakh fresh shares. The IPO will open for subscription on February 21, 2025, and close on February 25, 2025. The allotment is expected to be finalised on February 27, 2025, with the stock set to list on BSE SME on March 3, 2025.

Beezaasan Explotech IPO price range is ₹165 to ₹175 per share, with a minimum lot size of 800 shares. Retail investors need to invest at least ₹1,32,000, but to avoid oversubscription issues, bidding at the cutoff price (around ₹1,40,000) is recommended. High Net Worth Individuals (HNI) must apply for at least 2 lots (1,600 shares), requiring an investment of ₹2,80,000.

• HP Telecom India 

HP Telecom India is offering a fixed-price IPO worth ₹34.23 crore, consisting of 31.69 lakh fresh shares. The IPO will be available for subscription from February 20, 2025, to February 24, 2025. Allotment details will be finalised on February 25, 2025, and the shares will list on NSE SME on February 28, 2025.

HP Telecom India IPO price is fixed at ₹108 per share, with a least lot size of 1,200 shares. Retail category investors will need to invest a minimum of ₹1,29,600. High Net Worth Individuals (HNIs) must apply for at least 2 lots (2,400 shares), totalling ₹2,59,200.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.