Four SME Companies Set to List on Stock Exchanges Next Week Amid Quiet Mainboard Space
The primary market is set for a relatively quiet period in the coming week with activity concentrated exclusively in the Small and Medium Enterprises (SME) segment. While the mainboard space takes a breather with no scheduled IPOs, retail investors can look forward to one new SME IPO launch and four SME listings on the exchanges.
New IPO Launch: NAPS Global India
NAPS Global India will be the sole company launching its initial public offering in the upcoming week. The company's IPO is structured as a fixed price issue of Rs 11.88 crore, consisting entirely of a fresh issue of 13.20 lakh shares. Investors interested in this offering can participate during the subscription period running from March 4 to March 6, 2025.
According to the IPO timeline, share allotment is expected to be finalized on March 7, with the listing on the BSE SME platform tentatively scheduled for March 11, 2025. This offers a quick turnaround for investors looking to participate in this smaller-sized offering.
Upcoming SME Listings
The week ahead will see four SME companies making their stock market debut after successfully completing their IPO processes:
1. Balaji Phosphates Ltd.
Balaji Phosphates' public offering is structured as a book-built issue totaling Rs 50.11 crore. The IPO comprises a fresh issue of 59.40 lakh shares (Rs 41.58 crore) and an offer for sale of 12.18 lakh shares (Rs 8.53 crore). The subscription period, which began on February 28, is set to conclude on March 4, with listing scheduled for March 7. The company has set the price band at Rs 66 to Rs 70 per share for this offering.
2. Nukleus Office Solutions Ltd.
Nukleus Office Solutions completed its IPO worth Rs 31.7 crore, which consisted of a fresh issue of 13.55 lakh shares. The bidding process took place from February 24 to February 27, with share allotment finalized on February 28. Investors can look forward to the company's market debut on the BSE SME platform on March 4, 2025.
3. Shreenath Paper Products Ltd.
Shreenath Paper Products raised Rs 23.36 crore through its IPO, which comprised a fresh issue of 53.1 lakh shares. The subscription period ran from February 25 to February 28. The allotment process is expected to be completed by March 3, with the shares scheduled to list on the BSE SME platform on March 5, 2025.
4. Beezasan Explotech Ltd.
Beezasan Explotech is also set to make its market debut in the coming week, joining the lineup of SME listings. The company has successfully completed its IPO process and will be listing on the stock exchanges, adding to the activity in the SME segment.
Market Outlook
The absence of mainboard IPOs during the upcoming week represents a brief pause in what has otherwise been an active primary market. This temporary lull provides an opportunity for market participants to focus on the SME segment, which continues to see consistent activity.
For retail investors with an appetite for smaller offerings and potentially higher growth prospects, the upcoming SME listings present interesting opportunities to diversify their portfolios with exposure to emerging businesses across various sectors.
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