The primary market is gearing up for a busy week ahead with three new IPOs opening for subscription and five fresh listings making their market debut. Investors can expect a mix of SME and mainboard IPOs, offering diverse opportunities to participate in new businesses.

Additionally, three ongoing IPOs will close their subscription windows this week, marking the final chance for interested investors to get in.

Let’s take a closer look at the IPO landscape for the upcoming week.

IPOs Opening for Subscription This Week

1. Nukleus Office Solutions IPO

• Subscription Period: February 24 – February 27
• IPO Size: ₹31.70 crore
• Shares Offered: 13.55 lakh fresh shares
• Issue Price: ₹234 per share (fixed price)
• Lead Manager: Sundae Capital Advisors
• Registrar: Bigshare Services Pvt Ltd

Nukleus Office Solutions, a commercial furniture solutions provider, is set to raise funds for expansion and working capital needs.

2. Shreenath Paper IPO

• Subscription Period: February 25 – February 28
• IPO Size: ₹23.36 crore
• Shares Offered: 53.10 lakh fresh shares
• Issue Price: ₹44 per share (fixed price)
• Lead Manager: Galactico Corporate Services Limited
• Registrar: Bigshare Services Pvt Ltd

Shreenath Paper, operating in the paper and packaging industry, plans to utilize the funds for modernizing its manufacturing process and business growth.

3. Balaji Phosphates IPO

• Subscription Period: February 28 – March 4
• IPO Size: To be determined
• Shares Offered: 71.58 lakh shares (59.40 lakh fresh shares + 12.18 lakh offer-for-sale shares)
• Price Band: Yet to be announced
• Lead Manager: Arihant Capital Markets Ltd
• Registrar: Skyline Financial Services Pvt Ltd

Balaji Phosphates, a chemical and fertilizer company, is entering the market to raise capital for business expansion and new projects.

Ongoing IPOs (Closing This Week)

4. HP Telecom India IPO

• Subscription Period: February 20 – February 24
• IPO Size: ₹34.23 crore
• Shares Offered: 31.69 lakh fresh shares
• Issue Price: ₹108 per share (fixed price)
• Lead Manager: Interactive Financial Services Ltd
• Registrar: Bigshare Services Pvt Ltd

HP Telecom India, engaged in telecom infrastructure and services, aims to raise funds for business expansion and technology upgrades.

5. Swasth Foodtech IPO

• Subscription Period: February 20 – February 24
• IPO Size: ₹14.92 crore
• Shares Offered: 15.88 lakh fresh shares
• Issue Price: ₹94 per share (fixed price)
• Lead Manager: Horizon Management Private Limited
• Registrar: Mas Services Limited

Swasth Foodtech, a health-focused food and beverage company, seeks funding to scale up its production capacity and market presence.

6. Beezaasan Explotech IPO

• Subscription Period: February 21 – February 25
• IPO Size: ₹59.93 crore
• Shares Offered: 34.25 lakh fresh shares
• Price Band: ₹165 – ₹175 per share
• Lead Manager: Smart Horizon Capital Advisors Pvt Ltd
• Registrar: Kfin Technologies Limited

Beezaasan Explotech, specializing in industrial explosives, aims to raise funds for expanding its production capacity and entering new markets.

Upcoming IPO Listings (Market Debuts This Week)

A total of five IPOs are scheduled to make their debut on the stock exchanges this week:

• Quality Power IPO – Listing on BSE and NSE on February 24
• Royalarc Electrodes IPO – Listing on NSE SME on February 24
• Tejas Cargo IPO – Listing on NSE SME on February 24
• HP Telecom India IPO – Tentative listing on NSE SME on February 28
• Swasth Foodtech IPO – Tentative listing on BSE SME on February 28

Final Thoughts

The IPO market remains active, with both retail and institutional investors closely watching upcoming opportunities. With a mix of SME and larger-scale IPOs, the coming week is expected to generate high market participation.

Key Takeaways for Investors:
Stay updated on subscription dates to avoid missing out.
Analyze company fundamentals before investing.
Monitor listing dates for potential short-term gains.