Upcoming IPOs This Week: 3 New IPOs on SME Platform

The primary market is set to witness the launch of 3 new initial public offerings (IPOs) in the small and medium enterprise (SME) segment during the week starting from February 24, 2025.

Apart from these upcoming IPOs, the market will also see the listing of Quality Power IPO in the mainboard segment, along with 4 other IPOs in the SME segment.

Here’s a list of the IPOs that will be open for subscription next week:

Nukleus Office Solutions IPO

The Nukleus Office Solutions IPO will open for subscription on February 24 and close on February 27. This fixed-price issue aims to raise ₹31.70 crore through a fresh issue of 13.55 lakh shares. The price band is set at ₹234 per share. Sundae Capital Advisors is the book-running lead manager, Bigshare Services Pvt Ltd is the registrar, and Nikunj Stock Brokers Limited is the market maker.

Shreenath Paper IPO

The Shreenath Paper IPO will open on February 25 and close on February 28. This fixed-price issue is valued at ₹23.36 crore and will offer 53.10 lakh fresh shares. The price band is ₹44 per share. Galactico Corporate Services Limited is the book-running lead manager, Bigshare Services Pvt Ltd is the registrar, and Pure Broking Private Limited is the market maker.

Balaji Phosphates IPO

The Balaji Phosphates IPO will open on February 28 and close on March 4. This book-built issue will offer 71.58 lakh shares, consisting of a fresh issue of 59.40 lakh shares and an offer for sale of 12.18 lakh shares. The price band has not yet been announced. Arihant Capital Markets Ltd is the book-running lead manager, Skyline Financial Services Pvt Ltd is the registrar, and Nnm Securities Pvt Ltd is the market maker.

Upcoming Listings This Week

• Quality Power IPO: The allotment for Quality Power IPO was finalised on February 19, 2025, and it will be listed on BSE and NSE on February 24.
• Royalarc Electrodes IPO: The allotment for Royalarc Electrodes IPO was finalized on February 19, and it will be listed on NSE SME on February 24.
• Tejas Cargo IPO: The allotment for Tejas Cargo IPO was finalised on February 19, and it will be listed on NSE SME on February 24.

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.