IPO Alert: 3 Exciting SME Upcoming IPOs To Watch Next Week; Key Details You Can't Miss

IPO Alert: 3 Exciting SME Upcoming IPOs To Watch Next Week; Key Details You Can't Miss

The Indian stock market is currently experiencing high volatility, with Sensex and Nifty dropping around 4-5% in the past month. However, on Friday, Nifty managed to end with a marginal gain of 8 points, closing at the 22,553 level, marking its third consecutive day in the green. The recent rebound was mainly due to value buying after the sharp market decline, as per the Motilal Oswal Research report. Amid this market turbulence, the second week of March 2025 has some exciting investment opportunities, as three SME IPOs are set to launch across the shipping, metal manufacturing, and logistics sectors. Let’s take a look at the upcoming IPO schedule for next week.

PDP Shipping & Projects Limited IPO

PDP Shipping & Projects Limited, engaged in shipping, logistics, and infrastructure projects, is launching its SME IPO from March 10 to March 12, 2025. This is a fixed price issue worth Rs. 12.65 crores, consisting entirely of a fresh issue of 9.37 lakh shares at a price of Rs. 135 per share. The IPO allotment is expected to be finalized on March 13, 2025, with a tentative listing on BSE SME scheduled for March 18, 2025. The company plans to utilize the IPO proceeds for business expansion, working capital, and debt repayment.

Super Iron Foundry Limited IPO

Super Iron Foundry Limited, a leading manufacturer of cast iron and steel products, is launching its SME IPO from March 11 to March 13, 2025. This is a fixed price issue valued at Rs.68.05 crores, consisting of a fresh issue of 63.01 lakh shares at a price of Rs.108 per share. The IPO allotment is expected to be finalized on March 17, 2025, with a tentative listing on the BSE SME platform on March 19, 2025. The company aims to use the proceeds to expand production capacity and diversify its product range, making it a strong contender in the metal and foundry sector.

Paradeep Parivahan Limited IPO

Paradeep Parivahan Limited, a well-established logistics and transportation company, is set to raise Rs.44.86 crores through a book-built IPO, consisting of a fresh issue of 45.78 lakh shares. The IPO will be open for subscription from March 17 to March 19, 2025, with allotment expected on March 20, 2025. The price band for the IPO is set between Rs.93 and Rs.98 per share. The company plans to expand its fleet, optimize operations, and strengthen its market presence with the capital raised. Given the increasing demand for logistics solutions in India, this IPO is expected to attract significant investor interest.

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Original news source Credit: www.goodreturns.in

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