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New IPO List: There is an opportunity for investors to make huge profits next week. 5 new IPOs and 7 listings including Emmvee Photovoltaic Power, Tenneco Clean Air India, PhysicsWallah will bring earning opportunities for investors. If you invest money in IPO, then you can check the details of IPO of all these companies from price band to lot size.
New IPO List: There was a decline in the stock market last week. Sensex fell by more than 1.65 percent in 5 trading days and closed at 83216.28 points. But next week is bringing good news for investors. IPOs of many companies are coming. A total of 5 new IPOs are going to open next week. 3 big mainboard ones and 2 SME ones. Apart from this, there will also be listing of 7 companies.
If you invest money in IPO, then you can check the details of IPO of all these companies from price band to lot size.
Emmvee Photovoltaic Power IPO
First of all let’s talk about MV photovoltaic power. This company manufactures solar panels and solar cells. Its IPO will open from 11 to 13 November. The total size is Rs 2900 crore. The share price has been kept at Rs 206-217. There is a new issue of Rs 2143.86 crore and an offer for sale of Rs 756.14 crore. The company will repay the loan with the money and use the rest for normal purposes. Solar energy is prevalent so this seems like a good option.
Tenneco Clean Air India IPO
Tenko Clean Air India is the Indian unit of American Tenko Group. This IPO will open from 12 to 14 November. The size is Rs 3600 crore and the entire offer is for sale, meaning no new shares. Share price Rs 378-397. The company manufactures clean air powertrains and suspension systems for the auto sector. If the car market is increasing then this can also be beneficial.
PhysicsWallah IPO
Apart from this, the IPO of Physicswala, which is Alakh Pandey’s edtech company, will also open from 11 to 13 November. Size Rs 3480 crore. Share price Rs 103-109. In this, 3100 crore new issue and 380 crore offer for sale. Both Alakh Pandey and Prateek Boob will sell shares worth Rs 190 crore each. With the money the company will expand online and offline. If it is a favorite of students then investors should pay attention.
Workmates Core2Cloud Solution IPO (SME)
Now Workmates Core to Cloud Solution IPO for SMEs will open from 11th to 13th November. Size Rs 69.84 crore. Share price Rs 200-204. Listing on BSE SME on 18th November. The company works in cloud technology and IT services.
Apart from this, Mahamaya Lifesciences IPO will also open from 11 to 13 November. Size Rs 70.44 crore. Share price Rs 108-114. Listing 18 November BSE SME. The company is involved in research and production of medicines.
Next week 3 big, 2 small and 7 listings. There is a good earning opportunity for investors. But remember there is risk in the market also. First read carefully about the company and then invest money. If there is hope of recovery after last week’s recession, then make smart investments.
