IPO Tracker

Manika Plastech IPO is a book build issue of ₹125.50 crores. The issue is a combination of fresh issue of 2.15 crore shares and offer for sale of 76.74 lakh shares.

Veegaland Developers IPO is a book build issue of ₹210 crores. The issue is entirely a fresh issue of 1.50 crore shares.

Asset Reconstruction IPO price band is set at ₹132 to ₹139 per share. Investors can apply for one lot of 107 shares and its multiples thereof.

The issue is a combination of fresh issue of 2.66 crore shares aggregating to ₹675 crores and offer for sale of 78.74 lakh shares aggregating to ₹200 crores.

IPO is a book build issue of ₹1,255 crores. Issue is a combination of fresh issue of 37.15 lakh shares aggregating to ₹150 crores and offer for sale of 2.74 crore shares aggregating to ₹1,105 crore.

LCC Projects IPO: LCC's profitability metrics, decent valuations and improving debt profile propel analysts to assign a 'subscribe for long-term' rating to the IPO.

Market experts are largely selective, with Karamtara Engineering emerging as the strongest consensus pick, while Rentomojo also finds favour for its growth potential.

Glass Wall Systems IPO review: Analysts have shared a constructive view on Glass Wall Systems IPO and recommended 'Subscribe'.

Prasol Chemicals Ltd.'s IPO has a price band of ₹643-676 per share and a total issue size of ₹500 crore, comprising a fresh issue of ₹80 crore and an offer for sale (OFS) of ₹420 crore.

Ray of Belief shares listed at ₹239 on both BSE and NSE. Ahead of the debut, Ray of Belief IPO's GMP was indicating 6 per cent listing gains.

Among the IPOs this week, Pranav Construction currently has the highest GMP at 35.48 per cent, making it the strongest performer on the unofficial grey market. The issue opened on September 7.

Pranav Constructions IPO: Analysts have assigned a 'subscribe' tag to the offer based on its scalable business model, strong brand positioning, and high entry barriers in redevelopment.

Purple Style shares listed at ₹539 on the BSE, a discount of 6.26 per cent against the offer price of ₹575. Meanwhile, on the National Stock Exchange, it debuted at ₹535, down 6.96 per cent.

Priority Jewels shares listed at ₹225 on the BSE, a premium of 12.60 per cent against the offer price of ₹200. Meanwhile, on the National Stock Exchange, it debuted at ₹230, up 15 per cent.

ESDS Software is expected to outpace Priority Jewels in terms of listing gains even though both offers garnered bids of over 100 times.

Lumino Industries shares listed at ₹109 on the BSE, a premium of 32.93 per cent against the offer price of ₹82. Meanwhile, on the National Stock Exchange, it debuted at ₹110, up 34.15 per cent.

Annu Projects shares listed at ₹75 on the BSE, a discount of 24.24 per cent against the offer price of ₹99. Meanwhile, on the National Stock Exchange (NSE), it debuted at ₹72, down 27.27 per cent.

Deepa Jewellers IPO also commands a healthy grey market premium (GMP), increasing its appeal for investors. That said, certain risks like weak margins and customer concentration linger.

The issue is entirely a fresh issue of 52.30 lakh shares of ₹125 crore. Rays of Belief IPO is set issue price band at ₹227 to ₹239 per share. The lot size for an application is 62 shares.

Hy-Tech Engineers shares listed at ₹72 on the BSE, a premium of 35.85 per cent against the offer price of ₹53. Meanwhile, on the National Stock Exchange, it debuted at ₹75, up 41.51 per cent.