The subscription period for four upcoming Initial Public Offerings (IPOs) is set to conclude tomorrow. Here are the details of the IPOs:
1. **Shri Balaji Valve Components Limited IPO:**
– Subscription Period: December 27, 2023, to December 29, 2023
– Issue Price: ₹100.00 per share
– Lot Size: 1,200 shares
– Exchange: BSE SME
2. **Manoj Ceramic Limited IPO:**
– Subscription Period: December 27, 2023, to December 29, 2023
– Issue Price: ₹62.00 per share
– Lot Size: 2,000 shares
– Exchange: BSE SME
3. **HRH Next Services Limited IPO:**
– Subscription Period: December 27, 2023, to December 29, 2023
– Issue Price: ₹36.00 per share
– Lot Size: 3,000 shares
– Exchange: NSE SME
4. **Akanksha Power and Infrastructure Limited IPO:**
– Subscription Period: December 27, 2023, to December 29, 2023
– Issue Price: ₹55.00 per share
– Lot Size: 2,000 shares
– Exchange: NSE SME
**Explanation:**
– **Subscription Period:** Investors have until tomorrow, December 29, 2023, to subscribe to these IPOs.
– **Issue Price:** The price at which shares are offered to the public. For instance, Shri Balaji Valve Components Limited has an issue price of ₹100.00 per share.
– **Lot Size:** The minimum number of shares an investor can apply for in a single bid. For example, the lot size for HRH Next Services Limited is 3,000 shares.
– **Exchange:** The platform where the IPO will be listed. Shri Balaji Valve Components Limited and Manoj Ceramic Limited will be listed on BSE SME, while HRH Next Services Limited and Akanksha Power and Infrastructure Limited will be listed on NSE SME.
As the subscription period comes to an end, investors are encouraged to carefully consider the details of each IPO, review the prospectus, and assess the financial health and prospects of the companies before making investment decisions. The closing day often witnesses increased investor activity, and interested participants should act promptly to meet the deadline.
