This week, investors will have the opportunity to subscribe to three initial public offerings (IPOs): RR Kabel Limited IPO, Zaggle Prepaid Ocean Services Limited IPO, and Kody Technolab Limited IPO.
RR Kabel Limited IPO
- Subscription Dates: September 13, 2023, to September 15, 2023
- Price Band: Rs 983-1,035 per share
- Aim to Raise: Rs 1,964 crore
- Offer for Sale (OFS): Includes a fresh issue of equity shares worth Rs 180 crore and an OFS of over 1.72 crore shares by various shareholders.
- Grey Market Premium (GMP): Currently at Rs 40 per share
Zaggle Prepaid Ocean Services Limited IPO
- Subscription Dates: September 14, 2023, to September 18, 2023
- Price Band: Rs 156-164 per equity share
- GMP: Trading at a premium of around 6%
- Minimum Lot Size: 90 shares with an investment requirement of Rs 14,760
Kody Technolab Limited IPO
- Subscription Dates: September 15, 2023, to September 20, 2023
- Minimum Lot Size: 800 shares with an investment requirement of Rs 128,000
- Total Issue Size: Rs 27.52 crore
- Price Per Share: Rs 160
These IPOs present investment opportunities in various sectors, including electrical products, fintech services, and software development. Interested investors should carefully consider the details and conduct thorough research before subscribing to any IPO.