The primary market is buzzing as we step into October 2024. Following a flurry of major listings in both the main board and SME (small- and medium-sized enterprise) segments in September, investors are eagerly looking forward to what the first week of October has in store. With a host of new IPOs opening for subscription and several companies gearing up for their listing on the bourses.

Here’s a detailed breakdown of all the IPOs you should keep an eye on this week, including the upcoming subscriptions and new listings that are set to hit the stock exchanges.

Ongoing IPOs Closing Soon

Diffusion Engineers IPO

The Diffusion Engineers IPO, which opened for subscription recently, is set to close on Monday, September 30, 2024.

Divyadhan Recycling Industries IPO

Similarly, the Divyadhan Recycling Industries IPO is also closing for subscription on September 30, 2024.

Sahasra Electronics Solutions IPO

Investors interested in the electronics manufacturing sector should take note that the Sahasra Electronics Solutions IPO will also close on September 30, 2024.

Forge Auto International IPO

Forge Auto International, known for its automotive components, is another exciting IPO closing on September 30, 2024.

Nexxus Petro Industries IPO

Another noteworthy IPO closing on September 30 is Nexxus Petro Industries. This company operates in the petrochemical sector.

Saj Hotels IPO and HVAX Technologies IPO

While most of the IPOs are closing on September 30, the Saj Hotels IPO and HVAX Technologies IPO will remain open for one more day, with the last date for bidding being October 1, 2024.

New IPOs Opening for Subscription Week

Paramount Dye Tec IPO

The Paramount Dye Tec IPO is all set to open for subscription on September 30, 2024, and will remain open until October 3, 2024. This IPO is a book-built issue worth Rs 28.43 crore, and the entire issue consists of 24.3 lakh fresh shares. The company operates in the dyeing and textile industry.

Subam Papers IPO

Subam Papers IPO will also open on September 30, 2024, and close on October 3, 2024. This SME IPO is a book-built issue worth Rs 93.70 crores, featuring an entirely fresh issue of 61.65 lakh shares. Subam Papers operates in the paper manufacturing industry, catering to both domestic and international clients.

NeoPolitan Pizza and Foods IPO

If you’re looking to invest in the food and hospitality sector, the NeoPolitan Pizza and Foods IPO might be the one for you. The IPO opens for subscription on September 30, 2024, and closes on October 4, 2024. This is a fixed price issue valued at Rs 12.00 crores, featuring a fresh issue of 60 lakh shares. The company is a growing player in the quick-service restaurant (QSR) industry.

Upcoming Mainboard IPOs

While the SME segment has a plethora of offerings, the mainboard segment is also set to witness some major IPOs.

Hyundai Motor India IPO

One of the most anticipated IPOs in the mainboard segment is the Hyundai Motor India IPO. While the exact dates for this IPO have not yet been announced, it’s expected to open for bidding soon. Hyundai Motor India, a subsidiary of Hyundai Motor Company, is a major player in the Indian automotive market, and this IPO is expected to attract significant investor attention.

Afcons Infrastructure IPO

Another highly anticipated IPO is that of Afcons Infrastructure, a renowned infrastructure development company. While the IPO dates are yet to be confirmed, market experts believe that it will generate substantial interest among investors.

New Listings

Several companies are set to make their debut on the stock exchanges in the coming days. Here’s a rundown of the new listings you should keep an eye on:

Manba Finance Limited

Shares of Manba Finance Limited, a non-banking financial company (NBFC), will debut on the BSE and NSE on September 30, 2024. Given the strong demand for financial services in India.

KRN Heat Exchanger and Refrigeration Limited

KRN Heat Exchanger is another company that’s set to list on the BSE and NSE. The allotment is expected to be finalized on September 30, 2024, with a tentative listing date of October 3, 2024.

Diffusion Engineers Limited

Diffusion Engineers, an engineering services company, is also gearing up for its listing on the BSE and NSE. The IPO subscription will close on September 30, with the allotment expected to be finalized on October 1. The company is likely to make its stock market debut on October 4, 2024.

Rappid Valves (India) Limited

Rappid Valves, a company specializing in valve manufacturing, will be listed in the NSE SME segment on September 30, 2024. The SME sector has seen substantial growth recently.

WOL 3D India Limited

WOL 3D, which operates in the 3D printing industry, is set to list on the NSE SME segment on September 30, 2024. This company is among the few in India to offer 3D printing services and products.

Thinking Hats Entertainment Solutions Limited

Investors interested in the entertainment sector should keep an eye on Thinking Hats Entertainment Solutions. The allotment is expected to be finalized on September 30, with the listing scheduled for October 3, 2024, on the NSE SME segment.

Unilex Colours and Chemicals Limited

Unilex Colours and Chemicals will also be listed on the NSE SME segment, with the allotment expected to be finalized on September 30 and a tentative listing date of October 3, 2024.

TechEra Engineering Limited

TechEra Engineering is another SME company preparing for its stock market debut on October 3, 2024. The company operates in the engineering and construction sector.

Nexxus Petro Industries Limited

Nexxus Petro Industries is set to list on the BSE SME segment on October 4, 2024, following the finalization of allotments on October 1, 2024.

Forge Auto International Limited

Forge Auto International will be listed on the NSE SME segment on October 4, 2024.

Sahasra Electronics Solutions Limited

Sahasra Electronics Solutions, which operates in the electronics manufacturing sector, is also set for listing on October 4, 2024.

Divyadhan Recycling Industries Limited

Lastly, Divyadhan Recycling Industries will be listed in the NSE SME segment on October 4, 2024.

Story first published: Sunday, September 29, 2024, 15:22 [IST]