Upcoming IPO January 2024
Here are the upcoming IPO January 2024. The current IPOs open this week are Mayank Cattle Food Limited, Harshdeep Hortico Limited, Megatherm Induction Limited, Baweja Studios Limited and BLS-E Services. The detail of these upcoming IPO January 2024 is as follows.
Upcoming IPO January 2024 Highlights
Upcoming IPO January 2024: Mayank Cattle Food Limited IPO
Established in 1998, Mayank Cattle Food Ltd is an oil company based in Rajkot, Gujarat. With a cutting-edge manufacturing facility spanning 87,133 sq. ft., the company specializes in producing Cattle Food, Animal Food, Cattle Food Cake, and Edible Oil. Current production capacities include 22,896 MT per annum for Maize Oil and 45,792 MT per annum for Maize Cake. Notably, recent expansions in FY 2023-24 increased capacities from 18,126 to 22,896 MT for Maize Oil and 36,252 to 45,792 MT for Maize Cake. Serving Gujarat, Delhi, and Maharashtra, the company, as of December 31, 2023, employs 120 individuals, with 104 being workers.
| Mayank Cattle Food Limited IPO Detail | |
| Open Date | January 29, 2024 |
| Close Date | January 31, 2024 |
| Face Value | ₹10 per share |
| Price | ₹108 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 1,800,000 shares (aggregating up to ₹19.44 Cr) |
| Listing At | BSE SME |
| Listing Date | Monday, February 5, 2024 |
| Allotment Date | Thursday, February 1, 2024 |
Upcoming IPO January 2024: Harshdeep Hortico Limited IPO
Harshdeep Hortico Ltd specializes in designing, manufacturing, and supplying a diverse range of pots, planters, and outdoor furniture. With manufacturing facilities in Bhiwandi and Pune, and stores across Delhi, Pune, and Rajahmundry, the company caters to a global customer base through online platforms like Amazon and Flipkart. As of September 30, 2023, Harshdeep Hortico employs over 125 people and serves customers across 27 Indian states and various international markets.
| Harshdeep Hortico Limited IPO | |
| Open Date | January 29, 2024 |
| Close Date | January 31, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹42 to ₹45 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 4,242,000 shares (aggregating up to ₹19.09 Cr) |
| Listing At | BSE SME |
| Listing Date | Monday, February 5, 2024 |
| Allotment Date | Thursday, February 1, 2024 |
Upcoming IPO January 2024: Megatherm Induction Limited IPO
Founded in 2010, Megatherm Induction Ltd, a subsidiary of Megatherm Electronics Pvt Ltd, manufactures induction heating and melting products, supplying steelworks equipment globally. Key markets include secondary and primary steel producers, automotive, ordnance, DI pipe manufacturers, and engineering industries. With a production unit in Kharagpur, the company exports to South America, Africa, Gulf, Europe, SAARC, and Southeast Asia. As of July 31, 2023, Megatherm has 285 employees.
| Megatherm Induction Limited IPO | |
| Open Date | January 29, 2024 |
| Close Date | January 31, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹100 to ₹108 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 4,992,000 shares (aggregating up to ₹53.91 Cr) |
| Listing At | NSE SME |
| Listing Date | Monday, February 5, 2024 |
| Allotment Date | Thursday, February 1, 2024 |
Upcoming IPO January 2024: Baweja Studios Limited IPO
Founded on March 16, 2001, Baweja Studios Limited is a production company specializing in Hindi and Punjabi films, such as Chaar Sahibzaade and Love Story 2050. The company also trades movie rights, acquiring from producers and selling to exhibitors and streaming platforms. With 22 completed projects, 6 films in production, and 7 in pre-production as of June 2023, Baweja Studios focuses on technology-driven commercial films, researching, developing scripts, and monetizing rights. Diversifying into digital films, web series, animation, Punjabi films, ads, and music videos, the company employs 16 full-time staff as of June 22, 2023.
| Baweja Studios Limited IPO | |
| Open Date | January 29, 2024 |
| Close Date | February 1, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹170 to ₹180 per share |
| Lot Size | 800 Shares |
| Total Issue Size | 5,400,000 shares (aggregating up to ₹97.20 Cr) |
| Listing At | NSE SME |
| Listing Date | Tuesday, February 6, 2024 |
| Allotment Date | Friday, February 2, 2024 |
Upcoming IPO January 2024: BLS-E Services IPO
Founded in April 2016, BLS-E Services Limited is a digital service provider specializing in Business Correspondence, Assisted E-Services, and E-Governance for major banks and grassroots initiatives in India. As a subsidiary of BLS International Services Limited, it is the only listed company in India offering visa, passport, and citizen services to governments globally. By March 31, 2023, the company had expanded its merchant network to 92,427, focusing on underserved areas. With revenues of ₹6,448.72 lakhs in FY2021, ₹9,669.82 lakhs in FY2022, and ₹24,306.07 lakhs in FY2023, the company had 3,071 employees as of June 30, 2023, including 2,413 contract staff.
| BLS-E Services IPO | |
| Open Date | January 30, 2024 |
| Close Date | February 1, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹129 to ₹135 per share |
| Lot Size | 108 Shares |
| Total Issue Size | 23,030,000 shares (aggregating up to ₹310.91 Cr) |
| Listing At | BSE NSE |
| Listing Date | Tuesday, February 6, 2024 |
| Allotment Date | Friday, February 2, 2024 |
Disclaimer: The information provided is for informational purposes only and does not represent financial advice or guidance. Investing in the stock market involves essential risks, and individuals should conduct thorough research or seek professional guidance before making any investment decisions. The content reflects the market situation at the time of writing and is subject to change. The author and platform do not guarantee the accuracy or completeness of the information and shall not be responsible for any losses or damages occurs from actions taken based on the provided information.
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