For the upcoming IPOs this week in India, check out Mainboad 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. The upcoming SME IPOs are 3.
The top two new IPOs are opening this week, along with fresh opportunities for investors.
For investors, Srigee DLM, Manoj Jewellers, and Virtual Galaxy are the next week IPOs to invest in.
The Upcoming IPOs that opened this week are as follows:
Manoj Jewellers
Manoj Jewellers IPO is one of the top IPO to watch this week, and its open date is May 5, 2025, and the IPO will close on May 7, 2025. Moreover, this company is going to collect ₹16.20 crores through a fresh issue with a face value of ₹10 each.
Srigee DLM
Srigee DLM’s IPO will open on May 5, 2025, and close on May 7, 2025. It is a book-built issue, aiming to raise approximately ₹16.98 crores. The IPO consists entirely of a fresh issue worth ₹16.98 crores, with no confirmed details yet on the number of shares for sale under the offer for sale (OFS). Each share has a face value of ₹10.
Virtual Galaxy
Virtual Galaxy IPO opening on 9th May 2025 to 14th May 2025. Moreover, the virtual Galaxy IPO has selected a price band range is ₹135 – ₹142 per share. This IPO is a fresh issue of 65,70,000 shares. There is no OFS, so that company would receive all the IPO proceeds, and in this IPO, 35% allocation for retailers.
Virtual Galaxy Infotech offers a complete range of software-related services, all conveniently available in one place.
This week, the IPO’s listing
There are 5 IPOs listed this week, which are as follows:
Ather Energy
The Ather Energy IPO date is April 28, and the close date is April 30. The Ather Energy IPO allotment will be finalized on 2 May, and the IPO listing on 6 May.
Ather Energy IPO opened after a long time, and within 3 days, it had been subscribed by the QIB, NII, and retailers.
Iware Supplychain
The Iware Supplychain Services IPO opened on April 28 and closed on April 30. The share allotment will be finalized on May 2, and the company is scheduled to list on the stock exchange on May 6.
Arunaya Organics
Arunaya Organics IPO date is April 29, and the close date is May 2. The Arunaya Organics IPO allotment will be finalized on May 5, and the IPO listing on May 7.
Kenrik Industries
Kenrik Industries’ IPO date is April 29, and the close date is May 6. The Kenrik Industries IPO allotment will be finalized on May 7, and the IPO listing will be on May 9.
Wagons Learning
Wagons Learning IPO opened on May 2 and will close on May 6. The allotment will be finalized on May 7, and the listing is expected on May 9.
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.
