It is a matter of great joy for IPO investors that 6 to 7 IPOs are coming in the month of December. On hearing the names of IPOs, a double feeling starts coming in the heart. And why not, in this year 2024, IPOs of many companies have doubled the money of the people and now even in the last month of 2024, IPOs of 6 to 7 companies are coming. Some of these IPOs are very much in discussion like Vishal Mega Mart Limited and One Mobikwik System Limited and Sai Life Sciences Limited.
What does Vishal Mega Mart do?
Vishal Mega Mart is a large-scale retailing company known as a scandal and hypermarket in India or the company deals in household and food industry and sells various brands.
Vishal Mega Mart provides one stop retailing which includes fresh fruits and dairy products, clothing and electronic goods.
shopping online
The company also offers to buy the products of your choice from home through online shopping website and also keeps the customers interested in online shopping from time to time so that the customers remain always there.
Along with this, Vishal Mega Mart also promotes local customers and nearby wholesale and wholesale vendors.
Prize Band and Details
The size of this company is Rs 8000 crore and if we talk about the price band, then the size band has been kept from Rs 74 to Rs 78. You can buy shares for ₹ 1,92,660 and if we talk about one lot size, then there are 190 shares in one lot. The date of bidding in this company will be from 11 December to 13 December, on 16 December and on 18 December.
What One Mobikwik System Ltd does
Mobikwik offers a lot of services for online mobile and simple payments. Here are some special services like mobile holders can recharge their postpaid accounts by knowing their mobile number and can also pay bills. Like water bill, internet and other unit bills can also be paid easily and funds can also be paid. Travelers can easily withdraw money from their mobile account or from other bank accounts and send it anywhere and can also do online shopping.
Mobikwik loan provider service also provide some customer service like movie tickets, stamps and other services also provide and time to time cashback and heavy scan check also announced by this you can make virtual payment with any credit card and any debit card you want and it provides a secure and electronic digital payment experience to Mobikwik through digital services.
What is the price band and details
Talking about its size, it is Rs 572 crore and if we talk about the price band, then it is from Rs 265 to Rs 279, it is a small company, it has I lips type mainboard, bidding in Stratacity quota, you can apply for minimum one lot whose price is ₹14,045 and maximum 13 lots can be made for Rs 1,92,231, if we talk about lot size, then there are 53 shares in one lot, bidding date is from 11th December to 13th December, it will be on 18th December on NSE and BSE.
What does Sai Life Sciences Limited do and what is its price band
Sai Life Sciences Limited is a company which works in the field of medicine and medical treatment. It makes new medicines and does research and production of biological products. Some other works of the company are research and development, working on new medicines and treatment methods and manufacturing medicines, quality checking or ensuring that all the products made are of impeccable quality. Customer service: Understanding the needs of the customers and providing them the right solution. Its aim is to improve human health and bring new medical discoveries to the people.
Sai Life Sciences Limited is a small cap company. In this, one lot i.e. 27 shares have been fixed for retail quota whose price band is from Rs 522 to Rs 549. In this you can apply for minimum ₹14,094.00 / 1 Lot and maximum ₹1,92,699.00 / 13 Lots. If we talk about HNI, then you can apply for minimum ₹1,97,316.00 / 14 Lots and maximum ₹4,89,159.00 / 33 Lots. The date of application for this will be from 11 December to 13 December and the date of allotment is 16 December. Talking about listing, it will be on 18 December on NSE and BSE.
Who has how much grey market premium
Talking about the grey market, One Mobikwik System Limited is trading at a premium of Rs 136 and Vishal Mega Mart is trading at a premium of Rs 20. Talking about Sai Life Sciences Limited, its premium is trading at Rs 31. However, according to the grey market premium, it is wrong to invest money in IPO. Before investing in IPO, check the fundamentals of the company and only then invest in IPO.
(Disclaimer: Please note Stockbhoomi never advises you to invest. Stock market is full of risk. Please consult your advisor before making any investment. The views expressed on Stockbhoomi may be the personal views of Stockbhoomi)
