This month the record of 14 years is going to be broken, the queue of IPOs in the market is so long

This year is proving to be historic for the stock market. The market is making records one after the other. Before today’s fall, the market was near its new peak. Before that, the longest rally in the history of Nifty has been seen. In this record-breaking rally, a great record of IPO is also going to be made.

This month, there is a flood of companies launching IPOs. So far, IPOs of two companies have been launched on the mainboard this month. IPOs of many companies are still in the queue. Apart from the mainboard, IPOs are also being launched on the SME platform and this trend is going to continue this month as well. According to the data available on Chittorgarh.com, the total number of IPOs launching this month is going to be more than 15.

These 2 IPOs have come so far

Just this month, Gala Precision Engineering’s IPO has opened on the mainboard. The company brought an IPO of about Rs 168 crore. Before that, Bazaar Style Retail Limited’s IPO came, which opened on the last date of last month and the subscription closed on September 3. This retail IPO was worth about Rs 835 crore.

These IPOs are going to come on the mainboard

Other IPOs scheduled to hit the mainboard during the month include:

1. Shri Tirupati Balaji Agro Trading Company IPO: Rs 170 crore
2. Bajaj Housing Finance IPO: Rs 6,500 crore
3. Tolins Tyres IPO: Rs 230 crore
4. Cross Limited IPO: Rs 500 crore
5. PN Gadgil Jewellers IPO: Rs 1100 crore
6. Arcade Developers IPO: Rs 410 crore
7. Western Carriers IPO: Size not known yet

15 IPOs came in September 2010

According to a report by ET, companies like Niva Bupa Health Insurance, Northern Arc, Afcons Infra, Diffusion Engineers, Garuda Constructions and Manba Finance are also bringing IPOs this month. In the coming days, some more companies may also come forward with IPO plans. In this way, the queue of IPOs during the month of September becomes longer than 15 companies. Earlier, this happened 14 years ago in September 2010, when IPOs of 15 companies were launched in a single month.

These SME IPOs have closed so far

The IPO boom is also going to continue on the SME platform during the month. In this segment, Indian Phosphate IPO (Rs 67.36 crore), Videl Systems IPO (Rs 18.08 crore), JB Laminations IPO (Rs 88.96 crore), Parametrics Technologies IPO (Rs 33.84 crore), Aeron Composites IPO (Rs 56.10 crore), Travels and Rentals IPO (Rs 12.24 crore) and Boss Packaging Solutions IPO (Rs 8.41 crore) which opened at the end of last month, were closed this month.

These IPOs are in queue in SME

Apart from them, now these SME IPOs are going to open this month:

1. Archit Nuwood Industries Limited IPO: Rs 168.48 crore
2. Envirotek Systems Limited IPO: Rs 30.24 crore
3. Excellent Wires & Packaging Limited IPO: Rs 12.60 crore
4. Innomet Advanced Materials Limited IPO: Rs 34.24 crore
5. SPP Polymer Limited IPO: Rs 24.49 crore,
6. Trafficsol ITS Technologies Limited IPO: Rs 44.87 crore
7. Aditya Ultra Steel Limited IPO: Rs 45.88 crore
8. Shubhashree Biofuels Energy Limited IPO: Rs 16.56 crore
9. Share Solutions Limited IPO: Rs 24.06 crore
10. Gajanand International Limited IPO: Rs 20.65 crore
11. Vision Infra Equipment Solutions Limited IPO: Rs 106.21 crore
12. My Mudra Fincorp Limited IPO: Rs 33.26 crore
13. Match Conference & Events Limited IPO: Rs 125.28 crore
14. Namo Ewaste Management Limited IPO: Rs 51.20 crore
15. Naturewings Holidays Limited IPO: Rs 7.03 crore
16. Jeyam Global Foods Limited IPO: Rs 81.94 crore

Also read: 5 new IPOs are opening in the next 5 days, these 10 shares will be launched in the stock market for the first time