New Swan Multitech, Australian Premium Solar IPO To Open Today
The initial public offering (IPO) of New Swan Multitech Limited and Australian Premium Solar (India) Limited will close on January 15.
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The initial public offering (IPO) of New Swan Multitech Limited and Australian Premium Solar (India) Limited will close on January 15.
New Swan Multitech IPO is entirely a fresh equity issue of up to 50.16 lakh equity shares aggregating to Rs 33.11 crore. The company is offering its shares at Rs 62-66 apiece, and investors can bid for 2,000 shares in 1 lot.
Jyoti CNC Automation IPO is expected to be the biggest IPO to hit the stock market this week, among the total four issues.
IBL Finance, a fintech-based financial services platform, marks the first IPO of the year under the SME segment.
On a yearly basis, the Street expects profit growth to be strong for industrials, autos and cement but weak for BFSI, FMCG, IT, chemicals, consumer services