Two IPOs and 11 listings, next week there will be a storm of money in the stock market

Next stock market investors are waiting for the listing of companies more than IPOs. There is a reason for that. Starting from Monday, only two IPOs will enter the stock market. At the same time, 11 companies are coming to make a splash in the secondary market. 

If we talk about the first IPO, then one will be a mainboard IPO and the other will be SME. In the SME IPO, there is Bijasan Explotech. Whose IPO will come on the last business day of the week. On the other hand, the mainboard IPO is of HP Telecom India. Whose subscription will start from Thursday.

On the contrary, more action will be seen in the secondary market. A total of 11 companies will be listed in the next five business days. The movement of the stock market will also depend a lot on them. 

On this occasion, Ajax Engineering, Chandan Healthcare, PS Raj Steel, Hexovir Technology, Volar Car, Maxvolt Energy, LK Mehta Polymer, Shanmuga Hospital, Quality Power, Tejas Cargo, Royalark Electrodes companies are going to be listed. Let us discuss this in detail.

Bijasan Explotech IPO

Bijasan Explotech Limited, which manufactures and supplies a wide range of explosives and explosive accessories, was founded in August 2013. 

The IPO of this company is coming next week. The IPO open date is 21 February 2025, and will close on 25 February 2025. Bijasan Explotech IPO is a completely fresh issue of Rs 59.93 crore and the face value of each share is Rs 10. 

The price band of Bijasan Explotech IPO is Rs 165 to Rs 175 per share. Also, Bijasan Explotech IPO is an SME IPO as it is going to be listed on the BSE SME platform.

HP Telecom India IPO

HP Telecom India IPO is scheduled to open on February 20, 2025 and close on February 24, 2025. The IPO is a fixed price issue in which the company aims to raise around Rs 34.23 crore. 

This includes a fresh issue of Rs 34.23 crore and the rest is OFS. The face value of each will be Rs 10. The price range for HP Telecom India IPO is Rs 108 per share.

Listing of these companies is going to happen

• Ajax Engineering IPO opened on February 10 and closed on February 12. Allotment for the IPO was scheduled for February 13 and listing will take place on February 17.
• Chandan Healthcare's IPO opened on February 10 and closed on February 12. The allotment of the company's IPO was finalized on February 13. The company's listing in the stock market will be on February 17.
• PS Raj Steels IPO opened on February 12 and closed on February 14. The allotment will be finalised on February 17 and listing is scheduled for February 19.
• Hexaware Technologies IPO opened on February 12 and closed on February 14. The allotment will be finalised on February 17 and listing is scheduled for February 19.
• Voller Cars IPO opened on February 12 and closed on February 14. Allotment will be finalised on February 17 and listing is scheduled for February 19. Voller Cars IPO allowed 1600 shares to shareholders, investment amount was Rs 1,44,000.
• Maxvolt Energy's IPO opened on February 12 and closed on February 14. The allotment will be finalised on February 17 and listing is scheduled for February 19.
• Maxvolt Energy's IPO opened on February 13 and closed on February 17. The allotment will be finalized on February 18 and listing is scheduled for February 20. LK Mehta Polymers IPO is an SME IPO aimed at meeting working capital requirements and furthering general corporate purposes through fresh issue.
• Shanmuga Hospitals IPO opened on February 13 and closed on February 17. The allotment will be finalised on February 18 and listing is scheduled for February 20. Shanmuga Hospitals IPO does not have QIB participation, there was only a retail quota of 50 per cent and HNI of 50 per cent.
• Quality Power's IPO opened on February 14 and closed on February 18. The allotment will be finalised on February 19 and listing is scheduled for February 21.
• Tejas Cargo IPO opened on February 14 and closed on February 18. Tejas Cargo IPO allotment will be finalized on February 19 and listing is scheduled for February 21.
• Royalark Electrodes IPO opened on February 14 and closed on February 18. Allotment will be finalised on February 19 and listing will take place on February 21.