The Indian stock market is facing heightened volatility, and the impact is witnessed in the primary market. The IPO or primary market will remain inactive for the 4th consecutive week, as no new initial public offerings (IPOs) are scheduled to open in the mainboard segment. However, the primary market will see the launch of 2 new IPOs in the small and medium enterprises (SME) segment.
In addition to the new offering in the SME segment, the market will observe the listing of NAPS Global India Limited’s IPO.
The PDP Shipping IPO opens for subscription on March 10 and closes on March 12. This SME IPO is a fixed-price issue of ₹12.65 crore, consisting of a fresh issue of 9.37 lakh shares. The price band for this upcoming IPO is set at ₹135 per share. Sun Capital Advisory Services (P) Ltd is the book-running lead manager for the PDP Shipping IPO, with Kfin Technologies Limited serving as the registrar. Rikhav Securities Limited is the market maker for this issue.
The Super Iron Foundry IPO opens for subscription on March 11 and closes on March 13. This SME IPO is a fixed-price issue of ₹68.05 crore, consisting of a fresh issue of 63.01 lakh shares. The price band for this IPO is ₹108 per share. Horizon Management Private Limited is the book-running lead manager, and Link Intime India Private Ltd is the registrar for the issue. Giriraj Stock Broking Private Limited is the market maker for the Super Iron Foundry IPO.
The allotment for NAPS Global India IPO was finalised on Friday, March 7. The IPO will be listed on the BSE SME, with the tentative listing date set for Tuesday, March 11.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 10, 2025, 8:11 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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