IPO News Today- This week is going to be great for those who invest in the stock market through IPO. 5 new IPOs are going on in the market. All the IPOs that will be listed are from the SME segment. If you like to invest in the stock market through IPOs, then you can bet on these IPOs.
IPO News Today: L.K. Mehta Polymers Limited
About the Company-
Founded in 1995, L.K. Mehta Polymers Limited specializes in the trading and manufacturing of plastic products.
Additionally, the company deals in trading and reprocessing essential raw materials, such as polypropylene and polyethylene granules, catering to various customers.
L.K. Mehta Polymers markets its products under the brand name “Super Pack,” emphasizing its dedication to high quality and fostering long-term customer relationships.
The company follows stringent systems to ensure timely deliveries and minimize errors, implementing thorough order checks at every stage to maintain consistent service and customer loyalty.
IPO Details:
L.K. Mehta Polymers IPO is a fixed-price offering worth ₹7.38 crores, consisting entirely of a fresh issue of 10.40 lakh shares.
The IPO bidding period began on February 13, 2025, and concluded on February 17, 2025. The allotment of shares is expected to be finalized on Tuesday, February 18, 2025. L.K. Mehta Polymers IPO is set to be listed on the BSE SME, with a tentative listing date of Friday, February 21, 2025.
The IPO is priced at ₹71 per share. The minimum application lot size is 1,600 shares, requiring a retail investment of at least ₹1,13,600. For High Net-worth Individuals (HNIs), the minimum investment is two lots (3,200 shares), amounting to ₹2,27,200.
Investors must place bids for a minimum of 1,600 shares and in multiples of that.
Financial Details: IPO News Today
IPO News Today: Shanmuga Hospital Limited
About the company-
Founded in 2020, Shanmuga Hospital Limited is a multispecialty healthcare facility.
With advanced medical technology and a 151-bed capacity, the hospital meets the community’s healthcare needs, serving patients from surrounding areas.
Accredited by NABH and NABL, the hospital is committed to delivering high-quality healthcare services, including prevention, treatment, and rehabilitation.
Situated at 51/24 Saradha College Road, Salem, Tamil Nadu, the hospital covers 45,311 square feet spread over two blocks and three floors, providing both inpatient (IPD) and outpatient (OPD) services with a dedicated medical team.
IPO Details:
Shanmuga Hospital IPO is a fixed-price offering valued at ₹20.62 crores, consisting entirely of a fresh issue of 38.18 lakh shares.
The IPO bidding period commenced on February 13, 2025, and concluded on February 17, 2025. The allotment of shares is expected to be finalized on Tuesday, February 18, 2025. Shanmuga Hospital IPO is set to be listed on the BSE SME, with a tentative listing date of Thursday, February 20, 2025.
The IPO is priced at ₹54 per share. The minimum application lot size is 2,000 shares, requiring a retail investment of at least ₹1,08,000. For High Net-worth Individuals (HNIs), the minimum investment is two lots (4,000 shares), totaling ₹2,16,000.
Investors can place bids starting from a minimum of 2,000 shares and in multiples of that.
Financial Details: IPO News Today
IPO News Today: Royal Arc Electrodes Limited
About the Company-
Founded in 1996, Royalarc Electrodes Limited specializes in the production of welding consumables, including welding electrodes, flux-cored wire, and MIG/TIG wires.
The company supplies welding consumables used in various applications such as welding tanks, boilers, heavy structures, beams, pipes, cylinders, pressure vessels, and more, serving industries like railways, roadways, airports, refineries, shipyards, mining, sugar, telecom, thermal power stations, and PEB sectors.
In addition, the company is involved in the trading of related and supplementary products, such as wheels, electro slag, welding flux-cored wire, electro slag strip cladding, saw flux, and TIG/MIG wires.
Royalarc Electrodes manufactures its products using materials like copper-coated wire, MS strips, MS wire, SS strips, SS wire, nickel wire, and ferro alloy powder at a modern facility covering 269,198 sq. ft. in Zaroli, Umbergaon, Gujarat.
The company produces both standardized and customized products, which are supplied domestically and exported to over 20 countries. The products are certified by the American Bureau of Shipping (ABS), Indian Boilers Regulation (IBR), and the Bureau of Indian Standards (BIS), with inspections conducted by NABL-accredited laboratories.
IPO Details:
Royalarc Electrodes IPO is a book-built issue valued at ₹36.00 crores. The offering consists of a fresh issue of 18.00 lakh shares totaling ₹21.60 crores and an offer for sale of 12.00 lakh shares worth ₹14.40 crores.
The IPO bidding opened for subscription on February 14, 2025, and will close on February 18, 2025. The allotment for the Royalarc Electrodes IPO is expected to be finalized on Wednesday, February 19, 2025. It will be listed on the NSE SME with a tentative listing date of Friday, February 21, 2025.
The price band for the Royalarc Electrodes IPO is set between ₹114 and ₹120 per share. The minimum application lot size is 1,200 shares, requiring a retail investment of at least ₹1,36,800.
To avoid oversubscription, investors are advised to bid at the cutoff price, which is approximately ₹1,44,000. For High Net-worth Individuals (HNIs), the minimum investment is two lots (2,400 shares), totaling ₹2,88,000.
Investors can place bids for a minimum of 1,200 shares and in multiples of that amount.
Financial Details: IPO News Today
IPO News Today: Quality Power Electrical Equipments Limited
About the company-
Founded in 2001, Quality Power Electrical Equipments Limited operates in the field of energy transition equipment and power technologies.
The company offers high-voltage electrical equipment and solutions for grid connectivity and energy transition, focusing on power products across the generation, transmission, distribution, and automation sectors.
Quality Power manufactures essential high-voltage equipment for High Voltage Direct Current (HVDC) and Flexible AC Transmission Systems (FACTS) networks, facilitating the transition of energy from renewable sources to power grids.
With more than 20 years of experience, the company provides reactors, transformers, converters, and grid interconnection solutions to clients worldwide.
IPO Details:
Quality Power IPO is a book-built offering valued at ₹858.70 crores. The issue comprises a fresh issue of 0.53 crore shares totaling ₹225.00 crores and an offer for sale of 1.49 crore shares worth ₹633.70 crores.
The IPO bidding opened for subscription on February 14, 2025, and will close on February 18, 2025. The allotment for the Quality Power IPO is expected to be finalized on Wednesday, February 19, 2025. The IPO is set to be listed on BSE and NSE, with a tentative listing date of Friday, February 21, 2025.
The price band for the Quality Power IPO is between ₹401 and ₹425 per share. The minimum application lot size is 26 shares, requiring a retail investment of at least ₹10,426.
However, investors are advised to bid at the cutoff price to avoid oversubscription, which amounts to approximately ₹11,050. For Small and New Institutional Investors (sNII), the minimum investment is 19 lots (494 shares), totaling ₹2,09,950, and for Bulk and New Institutional Investors (bNII), it is 91 lots (2,366 shares), amounting to ₹10,05,550.
Financial Details: IPO News Today
IPO News Today: Tejas Cargo India Limited
About the company-
Tejas Cargo India Limited, established in March 2021, is a logistics company based in Faridabad, Haryana, offering road transportation services for supply chains across India.
The company specializes in providing Full Truck Load (FTL) express road transportation services to various industries, including logistics, steel, e-commerce, FMCG, and white goods.
As of October 30, 2024, the fleet consists of 913 container trucks and 218 trailers, with average ages of 3.4 years and 0.7 years, respectively.
By October 31, 2024, the company’s fleet grew to 1,131 vehicles, including 218 trailers and 913 container trucks, ranging from 32 to 40 feet in length and capable of carrying up to 42 tonnes.
IPO Details-
Tejas Cargo IPO is a book-built offering valued at ₹105.84 crores, consisting entirely of a fresh issue of 63.00 lakh shares.
The IPO bidding opened for subscription on February 14, 2025, and will close on February 18, 2025. The allotment for the Tejas Cargo IPO is expected to be finalized on Wednesday, February 19, 2025. The IPO will be listed on the NSE SME, with a tentative listing date set for Monday, February 24, 2025.
The price band for the Tejas Cargo IPO is between ₹160 and ₹168 per share. The minimum application lot size is 800 shares, requiring a retail investment of at least ₹1,28,000. To avoid oversubscription, investors are advised to bid at the cutoff price, which totals around ₹1,34,400. For High Net-worth Individuals (HNIs), the minimum investment is two lots (1,600 shares), amounting to ₹2,68,800.
Financial Details: IPO News Today
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