IPOs Next Week: SRIT India, Nityas Gems, Vishal Nirmiti & More To Watch; Check Listing Dates and GMP

The market is going to be super busy next week, with several IPOs scheduled to list on the stock exchanges, while Nityas Gems & Jewellery and Vishal Nirmiti IPOs will close for subscription on October 5.

The upcoming week will see multiple IPO listings on the NSE and BSE, with SRIT India and Shah Investor's Home scheduled to make their debut on October 6. Here is the list of all the IPO activity to watch next week.

Nityas Gems & Jewellery IPO

The Nityas Gems & Jewellery IPO will close on October 5 and is worth Rs. 108.35 crore, comprising an entirely fresh issue of 1.45 crore shares. The public issue opened for subscription on September 30.

The company has fixed the price band at Rs 70 to Rs. 75 per share, with a lot size of 200 shares. The allotment is expected to be finalised on October 6, while the shares are tentatively scheduled to list on the NSE and BSE on October 8.

The IPO was subscribed 0.69 times by October 1. As of October 4, the latest reported GMP stood at Rs. 3 and the estimated listing price of Rs. 78, suggesting a potential premium of 4%.

SRIT India IPO

The SRIT India IPO, worth Rs. 218.40 crore, received a strong response from investors, with the issue subscribed 125.16 times by the close of bidding on September 30.

The IPO was entirely a fresh issue of 1.68 crore shares, with a final issue price of Rs. 130 per share. The retail portion was subscribed 63.70 times, the QIB category 91.84 times and the NII portion 312.99 times. The allotment was finalised on October 1, and the shares are scheduled to list on the NSE and BSE on October 6.

Vishal Nirmiti IPO

The Vishal Nirmiti IPO is a book-built issue of Rs. 178 crore, comprising a fresh issue of 65.91 lakh shares worth ₹145 crore and an offer for sale (OFS) of 15 lakh shares worth Rs. 33 crore.

The IPO opened on September 30 and will close on October 5. The company has fixed the price band at Rs. 208 to Rs. 220 per share, with a lot size of 68 shares. Retail investors need a minimum investment of Rs, 14,960 at the upper price band.
The issue was subscribed 0.60 times by October 1.

Shah Investor's Home IPO

Shah Investor's Home raised Rs. 90.17 crore through an entirely fresh issue of 53.99 lakh shares. The IPO closed on September 30, and the allotment was finalised on October 1.

The issue was priced at Rs. 167 per share, with a lot size of 85 shares and a minimum retail investment of Rs. 14,195. The company is scheduled to list on the NSE and BSE on October 6.

Orient Cables IPO

The Orient Cables IPO, worth Rs. 552 crore, comprised a fresh issue of Rs. 320 crore and an OFS of Rs. 232 crore. The issue closed on September 29, with the allotment finalised on September 30.

The final issue price was Rs. 272 per share, and the lot size was 55 shares, requiring a minimum retail investment of Rs. 14,960. The shares are scheduled to list on the NSE and BSE on October 5.

Runwal Enterprises IPO

Runwal Enterprises raised Rs. 500 crore through an entirely fresh issue of 1.64 crore shares. The IPO closed on September 29, and the allotment was finalised on September 30.

The company fixed the issue price at Rs. 305 per share, with a lot size of 49 shares and a minimum retail investment of Rs 14,945. The issue also reserved up to 1,20,274 shares for eligible employees at a discount of Rs. 14 per share to the issue price. The shares are scheduled to list on the NSE and BSE on October 5.