Ayodhya Ram Mandir Holiday: Epack Durable, Nova Agritech, Maxposure Listings Postponed

Soon after January 22 has been declared as the share market holiday due to the "pran pratishtha" ceremony in Ayodhya, several public offering and listings are been postponed. The public offerings and listings that have been deferred include Nova Agritech IPO, Epack Durable IPO, Brisk Technovision IPO, and Qualitech Labs IPO. It is worth noting that nearly 7000 invitees that will include celebrities, politicians, sportspersons are likely to attend the Pran Pratishtha ceremony which is likely to start around 12:20 pm today.

The 640-crore Epack Durable IPO is now scheduled to close on January 24, 2023. It was expected to be opened on January 23, 2024 and its listing will now reportedly take place on January 30, 2024 as against the previous date of January 29, 2024.

Meanwhile, Nova Agritech IPO was previously supposed to be opened for subscription from January 22 to 24.

However, it has been postponed by one day now and its bidding is expected to open from January 23-25.

Meanwhile, its listings too has been postponed by a day to January 31 as against the previous January 30.

It is worth mentioning that Medi Assist Healthcare Services has changed its listing to January 23 now. Final issue price has been set at Rs 418/share as the offer was subscribed 16.25 times. Earlier on Friday, Medi Assist IPO GMP surged from Rs 25 to Rs 36 implying that in the last 3-days, Medi Assist IPO GMP soared from Rs 25 to Rs 40.
According to details available on the bourses, shares of Medi Assist Healthcare Services Ltd will list on BSE and NSE in a special pre-open session on 23rd January 2024.

Brisk Technovision IPO is now scheduled to open for public subscription between January 23-25 as against the previous date of January 22-24. Its listing date too has also been rescheduled to January 31 now as against the earlier January 30.

Meanwhile, other IPOs that have witnessed their listing postponed by one day to January 24 include Konstelec Engineers, Euphoria Infotech India and Addictive Learning Technology. The listing of theses IPOs will now take place on January 23 as against the earlier January 22.

When it comes to Maxposure IPO, it witnessed highest subscription in 2024 so far, 904.86 times during January 15-17. The IPO is totally a fresh equity issue of 61.4 lakh shares and through the issue, the company seeks to raise Rs 20.26 crore.

Participants in Maxposure IPO will be able to trade in its equity shares effective from January 23 instead of previous listing schedule of January 22.