IPO Market Set for Busy Week Ahead: Nine Firms Line Up for Initial Public Offerings

Market Update: IPO Launches and Listings

Key Figures:

• Rs 1,087 crore: SEDEMAC Mechatronics' initial public offering (IPO) size
• Rs 1,287-1,352: Price band for SEDEMAC Mechatronics' IPO
• 80.43 lakh shares: Number of shares on offer by promotors and investors in SEDEMAC Mechatronics' IPO
• Rs 25 crore: IPO size for Elfin Agro India
• Rs 47: Issue price for Elfin Agro India
• Rs 20 crore: IPO size for Srinibas Pradhan Constructions
• 20.73 lakh shares: Number of shares on offer by Srinibas Pradhan Constructions
• Rs 91-98: Price band for Srinibas Pradhan Constructions IPO

IPO Launches:

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• SEDEMAC Mechatronics, a Pune-based technology company, will launch its IPO for subscription on March 4 with a price band of Rs 1,287-1,352 per share.
• Elfin Agro India will launch its IPO on March 5 at a fixed price of Rs 47 per share.
• Srinibas Pradhan Constructions will launch its IPO on March 6 with a price band of Rs 91-98 per share.

Other IPOs:

• Striders Impex will close its IPO on March 2, having received 96% subscription so far.
• Acetech E-Commerce's IPO will remain open till March 4, with a subscription of 25% as of February 27.

Market Debut:

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• Nine companies are scheduled to debut on the stock exchange next week, including four mainboard segment firms: Clean Max Enviro Energy Solutions, Shree Ram Twistex, PNGS Reva Diamond Jewellery, and Omnitech Engineering.
• Clean Max Enviro Energy Solutions and Shree Ram Twistex will list on March 2, while Reva Diamonds will list on March 4 and Omnitech Engineering on March 5.