Upcoming IPOs: Up to 90% Returns Expected Next Week
By IPO Desk
Discover 20 upcoming IPOs with Grey Market Premiums suggesting potential listing gains up to 90%. Key mainboard issues like Tempsens Instruments and Lumino Industries are in focus.
Investors have 20 IPOs on their radar for the upcoming week, with Grey Market Premiums (GMPs) indicating potential returns of up to 90%.
Ten new issues are set to open for subscription, while others are already active or scheduled to list.
Mainboard IPOs like Tempsens Instruments, Symbiotec Pharmalab, Lumino Industries, and Skyways Air are drawing significant attention.
Top Listing Gain Projections
- Tempsens Instruments: Rs 650 crore IPO, GMP of Rs 321, implying a 107% listing gain over its Rs 300 issue price.
- Lumino Industries: Rs 700 crore IPO, GMP of Rs 52, suggesting a 63.4% premium over its Rs 82 issue price.
- Kwick Forensic Solutions: BSE SME IPO, GMP of Rs 51, indicating a 56.7% listing gain over its Rs 90 issue price.
- Hy-Tech Engineers: Rs 135.73 crore IPO, GMP of Rs 27, pointing to a 50.9% premium over its Rs 53 issue price.
- Augmont Enterprises: Rs 825 crore IPO, GMP of Rs 395, with a 50.1% listing gain over its Rs 788 issue price.
- Symbiotec Pharmalab: Rs 1,757 crore IPO, GMP of Rs 410, suggesting a 41.5% listing gain over its Rs 988 issue price.
Upcoming Listings & Openings
- Lalithaa Jewellery Mart: Rs 1,700 crore IPO, GMP of Rs 77, implying a 38.3% premium over its Rs 201 issue price, listing August 24.
- Sumax Engineering: NSE SME IPO, GMP of Rs 32, indicating a 31.7% gain over its Rs 101 issue price, opening August 25-28.
- Skyways Air: Rs 582.80 crore IPO, GMP of Rs 37, suggesting a 26.8% premium over its Rs 138 issue price, opening August 24-27.
- Gaja Alternative Asset Management: Rs 550 crore IPO, GMP of Rs 17, indicating a 10.6% premium over its Rs 160 issue price, listing August 26.
- Horizon Industrial Parks: Rs 2,600.04 crore IPO, GMP of Rs 3, suggesting a 5% listing gain over its Rs 60 issue price, listing August 24.
- Annu Projects: Rs 175.06 crore IPO, GMP of Rs 4, implying a 4% premium over its Rs 99 issue price, opening August 25-28.
Further IPOs with lower GMPs include Shankesh Jewellers (2.15% gain), Dhanwel Hybrid Seeds (1% premium), and Mopshop Distribution (0.7% listing gain), all scheduled for listing or recently closed.
These diverse offerings highlight a busy week for the primary market, with investors closely watching GMPs for potential returns.