For the upcoming IPOs this week in India, check out Mainline and SME Upcoming IPOs this week that are open and scheduled for listing. Read on!
This Upcoming week is going to be a big movement for investors. These IPOs come from various industries, and investors have the opportunity to choose investments in their preferred sectors. Upcoming This week’s SME IPO are 5.
The following is a detailed overview of the IPOs that will open and list this week.
The top Five new IPOs are opening this week, along with fresh opportunities for investors.
The Upcoming IPOs that opened this week are as follows:
Paradeep Parivahan
Paradeep Parivahan Limited, established in 2000, is a prominent company specializing in port services. The Paradeep Parivahan IPO will open on March 17, 2025 and close on March 19, 2025. This IPO consists of fresh issue ₹44.86 crores with a face value of ₹10 each. Paradeep Parivahan IPO price band is ₹93 to ₹98 per share.
Paradeep Parivahan IPO GMP has not started yet, so keep in touch with IPO watch for more details.
Divine Hira Jewellers
The Divine Hira Jewellers IPO will open on March 17, 2025, and close on March 19, 2025. This IPO is a Fixed Price Issue, with the company aiming to raise approximately ₹31.84 crores. The total includes a fresh issue of ₹31.84 crores with a face value of ₹10.
The company generated a revenue of ₹183.41 crores in 2024, compared to ₹246.45 crores in 2023. It reported a profit of ₹1.48 crores in 2024, up from ₹0.91 crores in 2023.
The funds will be used for the prepayment or repayment of part or all of the company’s outstanding loans, covering the company’s working capital needs, and for general corporate purposes.
Divine Hira Jewellers IPO price band is ₹90 per share.
Divine Hira Jewellers IPO GMP is not declared yet, so keep in touch with IPO watch portal for more information.
Grand Continent Hotels
Grand Continent Hotels IPO is opening on March 20th, 2025, and will be closed on March 24th, 2025.
Grand Continent Hotels targets the mid-range hotel market, offering options in the upper-mid, mid-priced, and economy categories. Moreover, it has a strong presence in Bangalore regarding their business.
Grand Continent Hotels IPO GMP is not declared yet, so keep in touch with IPO watch portal for more information.
Rapid Fleet Management Services
The Rapid Fleet IPO will be open for subscription from March 21 to March 25, 2025. Allotment details are expected to be finalized on March 26, 2025. The price range for the Rapid Fleet IPO is ₹183 to ₹192 per share.
Founded in 2006, Rapid Fleet Management Services Limited specializes in logistics and road transportation services for B2B and B2C clients.
Rapid Fleet IPO GMP is not declared yet, so keep in touch with IPO watch portal for more information.
Active Infrastructures
Active Infrastructures IPO will open on March 21, 2025, and close on March 25, 2025. The company aims to raise around ₹77.83 crores through the IPO, via a fresh issue of ₹77.83 crores The shares have a face value of ₹5 each. The IPO price band is ₹178 to ₹181 per share.
Active Infrastructures Limited was founded in 2007 and it is a civil construction company specializing in development and commercial projects. Active Infrastructures IPO GMP has not been declared yet, so keep in touch with the IPO watch portal for more information.
IPO Listing This Week
There are 2 IPOs listed this week, which are as follows:
PDP Shipping
The PDP Shipping IPO will open on March 10 and close on March 12. Allotment will be finalized on March 13, and the IPO will be listed on March 18.
The minimum market lot for the PDP Shipping IPO was 1,000 shares, requiring an application amount of ₹1,35,000.
Super Iron Foundry
The Super Iron Foundry IPO date is March 11 and the close date is March 13. The Super Iron Foundry IPO allotment will be finalized on March 17 and the IPO listing on March 19.
IPO proceeds, will be used to support long-term working capital needs, with the remainder allocated for general corporate purposes.
Note: This news article is created only for educational purposes. It is not meant as an approval or recommendation to invest in any securities. Investors should conduct their research and get advice from financial advisors before making any investment decisions. Please keep in mind that Grey Market Premium (GMP) values also change daily depending on market conditions and premiums.
