SOURCE : NEW18 NEWS
Last Updated:May 18, 2025, 10:42 IST
Upcoming IPOs: Of the 5 new issues, 2 are mainboards (Borana Weaves & Belrise Industires) that are raising a total around Rs 2,300 crore.
Five new IPOs to hit the primary market this week.
The primary market will remain busy this week with 5 new IPOs and 3 listings in the pipeline. Of the 5 new issues, 2 are mainboards (Borana Weaves & Belrise Industires) that are raising a total around Rs 2,300 crore. Moreover, IPOs of Victory Electric, Dar Capital and Unified Data are coming in the SME category.
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Borana Weaves IPO
Borana Weaves IPO will open for subscription this week between May 20 and May 22. It is a mainboard IPO, with a price band of Rs 205-216. One lot contains 69 shares, meaning a minimum investment of Rs 14,904 and in multiples thereof. The allotment of unlisted shares will be done tentatively on May 23. Shares will be listed on May 27 on BSE and NSE.
Incorporated in 2020, Borana Weaves engaged in the production of unbleached synthetic grey fabric.
Belrise Industries IPO
The largest issue of this week Belrise Industries IPO is set to open on May 21 and will be available for subscription until May 23. The company is raising about Rs 2,150 crore. The price band is fixed at Rs 85-90. One lot contains 166 shares, translating to a minimum investment of Rs 14,110 and in multiples thereof.
The allotment will be completed on May 26 and shares will be listed on NSE and BSE on May 28 (tentative).
Incorporated in 1988, Belrise Industries’ diversified product portfolio consists of Automotive Sheet Metal & Casting parts, Polymer components, Suspension & Mirror systems specifically for Two-Wheeler, Three-Wheeler and Four-Wheeler Passenger and Commercial vehicles.
Victory Electric Vehicles IPO
Victory Electric Vehicles IPO will open for subscription on May 20 and will be available until May 23. The total issue size is Rs 40.66 crore, with a fixed price at Rs 72 per share. One lot contains 1600 shares, translating to a minimum investment of Rs 1,15,200.
The tentative allotment and listing dates are May 27 and May 28, respectively. It will be listed on NSE SME.
Incorporated in October 2018, Victory Electric Vehicles International Limited designs, manufactures, and distributes electric vehicles.
Dar Credit And Capital IPO
Dar Credit and Capital IPO is another SME IPO to open this week between May 21 to May 23. The total size of the issue is Rs 25.66 crore, with a price band of Rs 57-60 per share. One lot contains 2000 shares, translating to the minimum investment of Rs 1,20,000.
The tentative allotment and listing dates are May 26 and May 28, respectively. It will be listed on NSE SME.
Unified Data – Tech Solutions IPO
Unified Data- Tech IPO is a bookbuilding of Rs 144.47 crores. SME IPO will open this week between May 22 to May 26. One lot contains 400 shares, translating to the minimum investment of 1,09,200. The price band is fixed at Rs 260-273. It will be listed on BSE SME.
The tentative allotment and listing dates are May 27 and May 29, respectively.
Incorporated in 2010, Unified Data-Tech Solutions Private Limited (UDTechs) is a Mumbai-based IT service provider specializing in delivering innovative and customized technology solutions.
Listing of Three IPOs
Virtual Galaxy Infotech IPO
The Virtual Galaxy Infotech IPO will open on May 9 and close on May 14, 2025. The allotment date is set for May 15, and the listing will occur on May 19.
Integrity Infrabuild Developers IPO
The Integrity Infrabuild Developers IPO starts on May 13 and will close on May 15. The allotment will be finalized on May 16, with the listing set for May 20.
Accretion Pharmaceuticals IPO
The Accretion Pharmaceuticals IPO will commence on May 14 and close on May 16. The allotment date is May 19, and the listing will be on May 21.
Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.
- First Published:
May 18, 2025, 10:41 IST
