Saturday, August 7, 2021

IPO Next Week

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After closure of bidding for four IPOs, four more IPOs are going to open next week. Out of these four, two IPOs — car trade IPO & nuvoco vistas IPO will open on 9th august 2021 while two IPOs aptus value housing & chemplast sanmar will open for subscription on 10th august 2021.
So, next week is going to become a busy week for IPO bidders as roelx rings is likely to get listed at Indian bourses on Monday. Allotment of shares is also expected next week for the four IPOs that closed on Friday.  Grey market has already giving signals about its mood in regard to these IPOs. The grey market premium for car trade IPO and Nauvoo vistas IPO is available now. Car trade IPO GMP today is ₹450 while Nauvoo vistas IPO GMP today is ₹40.

SUBSCRIPTION DETAILS
Car trade IPO and nuvoco vistas IPO is going to open for subscription on 9th august 2021 and it will remain open for subscription till 11th august 2021. Aptus value housing and chemplast sanmar IPOs will open on 10th august and it will remain open for subscription till 12th august 2021.

ISSUE PRICE
Promoters of car trade tech have fixed price of their public issue at ₹1585 to ₹1618 while nuvoco vistas IPO price band is ₹560 to ₹570. Aptus value housing IPO price is ₹346 to ₹353 while chemplast sanmar IPO price band is ₹530 to ₹541.

ALLOTMENT DATE
Finalization of share allotment of car trade tech IPO and Nauvoo vistas IPO is likely to take place on 17th august 2021 while allotment date for aptus value housing and chemplast sanmar IPOs is likely to happen on 18th august 2021.

IPOs LISTING
All four IPOs will be listed at both nse and bse. Tentative date for car trade IPO and nuvoco vistas IPO listing is 23rd august 2021 while 24th august 2021 is the probable listing date for aptus value housing and chemplast sanmar IPOs.


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