IPO Calendar: These two new companies to bring IPO this week

The activity that may be of interest to investors within the context of the Indian capital markets is the listing of one company on NSE. One company is set to be listed in the stock market. Investors have found new prospects which might arise as enterprises from different industries issue stock shares at this time. Somewhat of a frenzy is being created in the market, and everyone is trying to find a way to invest money in the industry of their preference.

As far as new PD shipping and projects limited is concerned, ports infrastructure limited, and Anish shipping commercials and advertisements limited are in the shipping industry. These two companies whose IPO’S are opening this week include PDP Shipping and Projects Limited which was founded in 2009. This firm performs logistics services for a variety of projects and within this field, it provides freight forwarding by sea and air, customs brokerage, and project logistics. The company is planning to issue its IPO on 10 March, 2025 and close it on 12 March, 2025. The firm is hoping to make Rs 12.65 crores. The IPO price has been fixed at Rs 10. It is to be noted that the grey market premium for the company’s shares has not started yet, thereby necessitating investors to keep track of ipo watch for news.

The second company is Super Iron Foundry, which has been in the iron and steel business since 1977. Its IPO will commence on March 11, 2025, and will conclude on March 13, 2025. The company intends to raise Rs 68.05 crore, and its shares have been set at Rs 108. The company’s face value is also Rs 10. His GMP is still to be declared, investors should look out for updates on the IPO Watch portal.

Naps Global will be listed at the same time. Another IPO which got listed this week is Naps Global. These guys opened on March 4 and closed on the 6th. Allotment was done by the 7th and came into play with the stock market by the 11th. This IPO was over-subscribed at 1.19 times the expected amount which is a good sign for investors.

This week also turns out to be important for the small and medium enterprises, two of the SME IPOs are already out and available for purchase. The activity in the market and growing new possibilities are an overarching theme for investors.