Upcoming IPOs: Four public issues worth Rs 68 crore to open next week — GMP; key details

Four IPOs worth Rs 68.62 crore will open for investors in the week of April 29, 2024. The IPOs of all four companies, namely, Sai Swami Metals & Alloys, Amkay Products, Storage Technologies and Automation, and Slone Infosystems will list on SME indices.

Four upcoming IPOs worth Rs 68 crore next week. (Photo credit: News9live/ Pexels)

New Delhi: The week of April 29, 2024 will witness the opening of 4 public issues worth Rs 68.62 crore from April 30 to May 3, 2024. The IPOs of Sai Swami Metals and Alloys, Amkay Products, Storage Technologies and Automation will open on Tuesday, April 30, 2024 while the Slone Infosystems IPO will open on May 3, 2024.

Sai Swami Metals and Alloys IPO

The IPO of Sai Swami Metals and Alloys will open on April 30m 2024 and close on May 3, 2024. The IPO is expected to list on the BSE SME index on May 8, 2024. The Rs 15 crore IPO has a orice of Rs 60 per share with a minimum lot size of 2,000 shares. The GMP for Sai Swami Metals and Alloyss was flat as of Saturday, indicatying a listing price of RS 60 per share.

Amkay Products IPO

Amkay Products IPO will open on April 30, 2024 and close on May 3, 2024 with a price range of Rs 52-55 per share. THe Rs 12.61 crore IPO will list on the NSE SME index on May 8, 2024 and has a minimum lot sie of 2,000 shares.
Amkay Products IPO GMP stood flat on Saturday, indicating a listing price of Rs 55 per share.

Storage Technologies & Automation IPO

Storage Technologies & Automation IPO opens on April 30, 2024 and closes on May 3, 2024. The Rs 29.95 crore IPO has a price band of Rs 73-78 per share with a minimum lot size of 1,600 shares.
Storage Technologies & Automation IPO GMP was flat on Saturday, indicating a listing price of Rs 73-78 per share.

Slone Infosystems IPO

Slone Infosystems IPO opens on May 3, 2024 and closes on May 7, 2024. The Rs 11.06 crore IPO with a price of Rs 79 per share has a minimum lot size of 1,600 shares and will list on the NSE SME index on May 10, 2024. Slone Infosystems IPO GMP was not available at the time of writing. The stock is likely to list at the IPO price of Rs 79 per share.

(Disclaimer: This article is only meant to provide information. News9live.com does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)