The primary market remains active as we head into the final trading day of October. Investors currently have three distinct opportunities to participate in ongoing public offerings, while the recent performance of newly listed companies continues to provide a snapshot of current market sentiment.
The 60-Second Version
- Three companies, Wiscon Industries, SFC Environmental Technologies, and BLS Polymers, are open for subscription until October 29.
- Tonbo Imaging India delivered a notable performance, listing at a +66.00% premium over its issue price.
- HD Fire Protect also saw positive momentum, closing its listing day with a +23.39% gain.
- The IPO pipeline remains robust with several new issues expected to hit the market in the coming days.
Open Now
Investors have until the end of today to evaluate three active issues. Wiscon Industries Ltd. is priced at ₹204 per share with a lot size of 1200, requiring a minimum investment of ₹2,44,800. SFC Environmental Technologies Ltd. offers shares at ₹330 with a lot size of 45, totaling ₹14,850 for the minimum application. Finally, BLS Polymers Ltd. is available at ₹150 per share with a lot size of 100, meaning a minimum commitment of ₹15,000.
Just Listed
The past week has seen significant activity on the bourses. Tonbo Imaging India Ltd. stands out with a listing price of ₹1162 against an issue price of ₹700, representing a gain of +66.00%. HD Fire Protect Ltd. also provided value to investors, listing at ₹334.4, a +23.39% increase over its ₹271 issue price. Other listings, such as Sahajanand Medical Technologies Ltd. and Zetwerk Manufacturing Businesses Ltd., also posted modest gains, while Bonfiglioli Transmissions Ltd. and Shellz India Ltd. listed flat.
Coming Up
The primary market pipeline shows no signs of slowing down. Bombay Coated And Special Steels Ltd. and Antala Industries Ltd. are expected to open on October 29. Investors should also watch for the upcoming entries of Ajwa Projects Ltd., Carver Roboweld Ltd., and MK Sons Fine Jewels Ltd., all scheduled to begin their subscription windows on October 28.
How to Read These Numbers
For those new to the primary market, the issue price is the cost per share set by the company. The lot size is the minimum number of shares you must apply for, which dictates the minimum investment amount. A listing gain is the difference between the issue price and the price at which the stock begins trading on the exchange, expressed as a percentage.
The Pipeline
With three issues currently open, several recent listings settling into the secondary market, and five new companies expected to launch their offerings by the end of the week, the primary market remains exceptionally busy. Investors are advised to track the specific subscription dates closely, as windows for these issues are often short and require timely action.
| Company | Issue price | Lot size | Minimum for one lot | Bidding |
|---|---|---|---|---|
| Wiscon Industries Ltd. | ₹204 | 1200 shares | ₹2,44,800 | 27 Oct to 29 Oct |
| SFC Environmental Technologies Ltd. | ₹330 | 45 shares | ₹14,850 | 27 Oct to 29 Oct |
| BLS Polymers Ltd. | ₹150 | 100 shares | ₹15,000 | 27 Oct to 29 Oct |
| EAAA India Alternatives Ltd. | ₹1,665 | 9 shares | ₹14,985 | 26 Oct to 28 Oct |
| Core4 Engineers Ltd. | ₹93 | 2400 shares | ₹2,23,200 | 23 Oct to 27 Oct |
| Company | Issue price | Listing price | Gain on listing | On one lot |
|---|---|---|---|---|
| Sahajanand Medical Technologies Ltd. | ₹344 | ₹368.05 | +6.99% | +₹1,034.15 |
| Zetwerk Manufacturing Businesses Ltd. | ₹151 | ₹159 | +5.30% | +₹792 |
| Tonbo Imaging India Ltd. | ₹700 | ₹1,162 | +66.00% | +₹9,702 |
| Bonfiglioli Transmissions Ltd. | ₹586 | ₹586 | +0.00% | +₹0 |
| Shellz India Ltd. | ₹179 | ₹179 | +0.00% | +₹0 |
| Ravita Engineering Services Ltd. | ₹112 | Awaited | — | — |
| Fusion CX Ltd. | ₹289 | ₹292 | +1.04% | +₹153 |
| HD Fire Protect Ltd. | ₹271 | ₹334.4 | +23.39% | +₹3,487 |
| Vaibhav Vyapaar Ltd. | ₹54 | Awaited | — | — |
| RK Fashion Accessories Ltd. | ₹82 | Awaited | — | — |
| Company | Issue price | Lot size | Minimum for one lot | Expected |
|---|---|---|---|---|
| Bombay Coated And Special Steels Ltd. | ₹82 | 182 shares | ₹14,924 | 29 Oct to 2 Nov |
| Antala Industries Ltd. | ₹67 | 4000 shares | ₹2,68,000 | 29 Oct to 2 Nov |
| Ajwa Projects Ltd. | ₹203 | 1200 shares | ₹2,43,600 | 28 Oct to 30 Oct |
| Carver Roboweld Ltd. | ₹80 | 3200 shares | ₹2,56,000 | 28 Oct to 30 Oct |
| MK Sons Fine Jewels Ltd. | ₹100 | 91 shares | ₹9,100 | 28 Oct to 30 Oct |
| SFC Environmental Technologies Ltd. | ₹330 | 45 shares | ₹14,850 | 27 Oct to 29 Oct |
| BLS Polymers Ltd. | ₹150 | 100 shares | ₹15,000 | 27 Oct to 29 Oct |
| Wiscon Industries Ltd. | ₹204 | 1200 shares | ₹2,44,800 | 27 Oct to 29 Oct |