Investors will get bumper opportunities for earning this week, apart from Cello World many SME companies will open their IPO

IPO Next Week: The series of IPOs in the stock market has not stopped yet. More than 20 companies will announce their quarterly results this quarter. This week many companies are going to launch their IPO for the stock market investors. All these companies will use the funds raised from IPO for the development of the company.

Oct 29, 2023 - 18:24
Investors will get bumper opportunities for earning this week, apart from Cello World many SME companies will open their IPO

The company launched its IPO to get listed in the stock market. Whenever a company tries to raise funds for its development, it prefers to get listed in the stock market. Many SME companies are going to open their IPO in the business week starting tomorrow.

The impact of these IPOs can be seen in the stock market. Know which companies are going to launch their IPO this week.

Cello World is opening its IPO for investors on 30 October 2023 i.e. tomorrow. This IPO will close on 1 November 2023. The company is issuing a book-built issue of Rs 1,900.00 crore in this IPO. This entire issue is offered for sale.

For this, the company has fixed its price band from Rs 617 to Rs 648. The company's IPO was opened for anchor investors on 27 October. The company has raised Rs 567 crore from anchor investors. The company's shares are likely to be listed on the stock exchange in November.

Mamaearth's company Honasa Consumer Limited is also opening its IPO for investors. The company's IPO will open on October 31 and close on November 2, 2023. The company will issue a fresh issue of Rs 365.00 crore in this IPO. The price band of the company's IPO is Rs 308 to Rs 324.

SME IPOs are also opening this week. Tomorrow i.e. on 30 October 2023, the IPO of Transsteel Sitting Technologies will open for investors. If you are thinking of investing in the IPO of this company, then you can invest in it only till November 1, 2023. The price of this IPO is Rs 67 to Rs 70 per share.

Apart from this, the IPO of Baba Food Processing, SAR Televenture, Mish Design, and Vrindavan Plantation is also going to be launched in SME.

Muskan Kumawat Journalist & Content Writer