Three IPOs will open subsequent week: Alternative to put money into RK Swami, JG Chemical compounds and Gopal Snacks

Subsequent week, 3 preliminary public gives i.e. IPOs might be open for itemizing within the share market. This contains RK Swamy Restricted, JG Chemical compounds Restricted and Gopal Snacks Restricted. Tell us in regards to the IPOs of those three firms one after the other.

RK Swami Restricted
RK Swami Restricted desires to lift ₹423.56 crore by way of this IPO. For this, the corporate will challenge 6,006,944 contemporary shares price ₹173 crore. Whereas, present traders of the corporate will promote 8,700,000 shares price ₹250.56 crore by way of Supply for Sale.

Retail traders will be capable of bid for this IPO from March 4 to March 6. The corporate’s shares might be listed on the Nationwide Inventory Alternate (NSE) and Bombay Inventory Alternate (BSE) on March 12.

Retail traders can bid for optimum 650 shares
RK Swami Restricted has mounted the value band of this challenge at ₹270-₹288. Retail traders can bid for no less than one lot i.e. 50 shares. Should you apply for 1 lot as per the higher worth band of IPO of ₹ 288, then you’ll have to make investments ₹ 14,400.

Whereas, retail traders can apply for optimum 13 tons i.e. 650 shares. For this, traders should spend ₹ 187,200 as per the higher worth band.

RK Swami Restricted premium in grey market 19.1%
Earlier than the IPO opened, the corporate’s shares had reached a premium of 19.1% i.e. ₹ 55 per share within the grey market. In such a scenario, in response to the higher worth band of ₹ 288, its itemizing may be at ₹ 343. Nonetheless, that is solely an estimate, the itemizing worth of a share is kind of totally different from the grey market worth.

JG Chemical compounds Restricted
JG Chemical compounds Restricted desires to lift ₹251.19 crore by way of this IPO. For this, the corporate desires to challenge 7,466,063 contemporary shares price ₹165 crore. Whereas, present traders of the corporate will promote 3,900,000 shares price ₹86.19 crore by way of Supply for Sale.

Retail traders will be capable of bid for this IPO from March 5 to March 7. The corporate’s shares might be listed on the Nationwide Inventory Alternate (NSE) and Bombay Inventory Alternate (BSE) on March 13.

Retail traders can bid for optimum 871 shares
JG Chemical compounds Restricted has mounted the value band of this challenge at ₹210-₹221. Retail traders can bid for no less than one lot i.e. 67 shares. Should you apply for 1 lot as per the higher worth band of IPO of ₹ 221, then you’ll have to make investments ₹ 14,807.

On the identical time, retail traders can apply for optimum 13 tons i.e. 871 shares. For this, traders should spend ₹ 192,491 as per the higher worth band.

JG Chemical compounds Restricted’s premium in grey market 22.62%
Earlier than the IPO opened, the corporate’s shares had reached a premium of twenty-two.62% i.e. ₹ 50 per share within the grey market. In such a scenario, in response to the higher worth band of ₹ 221, its itemizing may be at ₹ 271.

Gopal Snacks Restricted
Gopal Snacks Restricted desires to lift ₹650 crore by way of this IPO. Current traders of the corporate are promoting 16,209,476 shares by way of provide fall sale. The corporate will use the cash raised from this IPO to repay its debt.

Retail traders will be capable of bid for this IPO from March 6 to March 11. The corporate’s shares might be listed on the Nationwide Inventory Alternate and Bombay Inventory Alternate on March 14.

Retail traders can bid for optimum 481 shares
Gopal Snacks Restricted has mounted the value band of this challenge at ₹381-₹401. Retail traders can bid for no less than one lot i.e. 37 shares. Should you apply for 1 lot as per the higher worth band of IPO of ₹ 401, then you’ll have to make investments ₹ 14,837.

On the identical time, retail traders can apply for optimum 13 tons i.e. 481 shares. For this, traders should spend ₹ 192,881 as per the higher worth band.

JG Chemical compounds Restricted’s premium in grey market 29.93%
Earlier than the IPO opened, the corporate’s shares had reached a premium of 29.93% i.e. ₹ 120 per share within the grey market. In such a scenario, in response to the higher worth band of ₹ 401, its itemizing may be at ₹ 521.