IPO Tracker: Belrise And Borona Among Maiden Issues To Hit The Streets
Two mainboard and three SMEs to open in the coming week.
Belrise Industries and Borana Weaves are two of the heavyweights debuting themselves to the public as mainboard IPOs in the coming week. There are no mainboard IPO listings or closing set to happen in the next week.
Among the SMEs there is Victory Electric Vehicles, Dar Credit And Capital, Unified Data-Tech.
Offers To Watch
Mainboard Openings
Among the mainboard listings we have Borana Weaves is a bookbuilding of Rs144.89 crores. The issue is entirely a fresh issue of 0.67 crore shares. It will open for subscription on May 20, 2025 and closes on May 22, 2025. The allotment is expected to be finalized on Friday, May 23, 2025. It will list on both the exchanges with a tentative listing date fixed as Tuesday, May 27, 2025.
The price band is set at Rs 205-Rs 216 per share. The minimum lot size for an application is 69. The minimum amount of investment required by retail investors is Rs 14,145.
The other mainboard listing is Belrise Industries, which will be a maiden issue of Rs 2,150.00 crores. The issue is entirely a fresh issue of 23.89 crore shares.
Belrise Industries issue opens for subscription on May 21, 2025 and closes on May 23, 2025. The allotment for the issue is expected to be finalized on Monday, May 26, 2025. Belrise Industries IPO will be list on BSE, NSE with a tentative listing date fixed as Wednesday, May 28, 2025.
The price band is set at Rs 85- Rs 90 per share. The minimum lot size for an application is 166. The minimum amount of investment required by retail investors is Rs 14,110.
IPO Listings
Among the IPOs that opened last week, we have Integrity Infrabuild Developers listing on Tuesday, May 20th; Accretion Pharmaceuticals listing on May 21 and also Virtual Galaxy Infotech listing on May 19.
