Countdown to Opportunity: Exploring Tomorrow’s IPO Bidding Deadline 20-February-2024

Excitement is in the air as we witness the frenzy of IPO bidding reaching its crescendo, with the deadline looming just around the corner. With tomorrow marking the end of the bidding period, investors are eagerly vying for their piece of the pie in the latest offerings hitting the market. As the countdown begins, let’s delve into the buzz surrounding these IPOs and uncover what makes them stand out in today’s dynamic investment landscape

In the final stretch of the IPO bidding process, investors are meticulously evaluating each opportunity, weighing the potential risks and rewards. Tomorrow’s deadline adds a sense of urgency to the decision-making process, prompting individuals and institutions alike to conduct thorough analyses and make strategic investment moves. With the fate of these IPOs hanging in the balance, the anticipation is palpable as stakeholders eagerly await the outcome of their bids. Lets delve deeper into the dynamics driving these last-minute investment decisions and uncover the potential implications for the market landscape.

List Tomorrow’s IPO Bidding Deadline:

Serial No. Stock IPO Start Date IPO End Date Listing Date Min. Price Max. Price Min. Qty Min. Value Max.Vvalue
1 Zenith Drugs Limited (ZENITHDRUG) 19-Feb-24 22-Feb-24 27-Feb-24               75                79    1,600  1,20,000     1,26,400
2 Esconet Technologies Limited (ESCONET) 16-Feb-24 20-Feb-24 23-Feb-24               80                84    1,600  1,28,000     1,34,400
3 Kalahridhaan Trendz Limited (KTL) 15-Feb-24 20-Feb-24 23-Feb-24               45                45    3,000  1,35,000     1,35,000
4 Thaai Casting Limited (TCL) 15-Feb-24 20-Feb-24 23-Feb-24               73                76    1,600  1,16,800     1,21,600
5 Atmastco Limited (ATMASTCO) 15-Feb-24 20-Feb-24 23-Feb-24               77                77    1,600  1,23,200     1,23,200
6 Interiors & More Limited (INM) 15-Feb-24 20-Feb-24 23-Feb-24            216             227        600  1,29,600     1,36,200

As the clock ticks down to tomorrow’s IPO bidding deadline, understanding the backstory of each offering becomes paramount. Behind every IPO lies a unique narrative—whether it’s a tech startup disrupting an industry or a traditional company making its debut on the public market. By delving into the backgrounds of these companies, investors can gain valuable insights into their growth trajectory, competitive advantages, and potential market impact. From innovative business models to seasoned management teams, each aspect contributes to the overall appeal of an IPO and informs investors’ decisions as they navigate the bidding process. In the next section, we’ll take a closer look at the backgrounds of the key players in this round of offerings, shedding light on what sets them apart in today’s competitive landscape.

Let’s explore the profiles of the companies set to debut in the upcoming IPO wave:

1. Zenith Drugs Limited (ZENITHDRUG): Zenith Drugs Limited is a pharmaceutical company with a rich history dating back several decades. Established with a vision to improve global healthcare accessibility, Zenith focuses on research, development, and manufacturing of high-quality generic medications. With state-of-the-art manufacturing facilities and a strong emphasis on regulatory compliance, Zenith has earned a reputation for reliability and excellence in the pharmaceutical industry. Red Herring Prospectus: https://nsearchives.nseindia.com/emerge/corporates/content/ZenithDrugs_RHP.pdf

Stock Face Value Per Share Pre Issue Shares Fresh Issue Shares Total Issues Pre Issue Promoter Shareholding Post Issue Promoter Shareholding
Zenith Drugs Limited (ZENITHDRUG) 10 12000000 5148800 17148800 100% 69.98%

 

2. Esconet Technologies Limited (ESCONET): Esconet Technologies Limited is a dynamic player in the technology sector, specializing in software development, cybersecurity, and IT consulting services. Founded by a team of seasoned tech professionals, Esconet leverages cutting-edge technologies such as artificial intelligence and blockchain to deliver innovative solutions to clients worldwide. With a client-centric approach and a commitment to staying ahead of industry trends, Esconet continues to expand its footprint in the digital landscape.

Stock Face Value Per Share Pre Issue Shares Fresh Issue Shares Total Issues Pre Issue Promoter Shareholding Post Issue Promoter Shareholding
Esconet Technologies Limited (ESCONET) 10 9000000 3360000 12360000 89.18% 64.94%

 

3. Kalahridhaan Trendz Limited (KTL): Kalahridhaan Trendz Limited is a fashion-forward company dedicated to creating stylish and sustainable clothing and accessories. Inspired by traditional craftsmanship and contemporary design aesthetics, KTL offers a wide range of apparel for men, women, and children. With a focus on ethical sourcing and environmentally friendly practices, KTL aims to redefine the fashion industry’s standards while empowering local artisans and communities.

Stock Face Value Per Share Pre Issue Shares Fresh Issue Shares Total Issues Pre Issue Promoter Shareholding Post Issue Promoter Shareholding
Kalahridhaan Trendz Limited (KTL) 10 12189000 4998000 17187000 96.22% 68.24%

 

4. Thaai Casting Limited (TCL): Thaai Casting Limited is a leading manufacturer of precision metal components, serving diverse industries such as automotive, aerospace, and engineering. With advanced casting technologies and a relentless pursuit of quality, TCL produces intricate and durable parts that meet the stringent requirements of its clients. Committed to continuous improvement and innovation, TCL remains at the forefront of the global casting market.

Stock Face Value Per Share Pre Issue Shares Fresh Issue Shares Total Issues Pre Issue Promoter Shareholding Post Issue Promoter Shareholding
Thaai Casting Limited (TCL) 10 17000000 6129600 23129600 86.50% 0%

 

5. Atmastco Limited (ATMASTCO): Atmastco Limited is an emerging player in the renewable energy sector, specializing in solar power generation and energy storage solutions. With a focus on sustainability and environmental responsibility, Atmastco designs and installs solar panels and battery systems for residential, commercial, and industrial applications. By harnessing the power of the sun, Atmastco aims to reduce carbon emissions and promote energy independence for a greener future. Red Herring Prospectus: https://nsearchives.nseindia.com/emerge/corporates/content/Atmastco_PROSP.pdf

Stock Face Value Per Share Pre Issue Shares Fresh Issue Shares Total Issues Pre Issue Promoter Shareholding Post Issue Promoter Shareholding
Atmastco Limited (ATMASTCO) 10 19254690 5480000 24734690 97.39% 68.43%

 

6. Interiors & More Limited (INM): Interiors & More Limited is a premier provider of interior design and home furnishing solutions, catering to residential and commercial clients alike. With a team of talented designers and craftsmen, INM offers a wide range of services including space planning, furniture design, and project management. Known for its attention to detail and personalized approach, INM transforms spaces into functional and aesthetically pleasing environments that reflect the unique preferences of its clients.

Stock Face Value Per Share Pre Issue Shares Fresh Issue Shares Total Issues Pre Issue Promoter Shareholding Post Issue Promoter Shareholding
Interiors & More Limited (INM) 10 5145000 1850400 6995400 95.08% 69.93%

 

These companies each bring unique strengths and visions to the table, setting the stage for an exciting IPO season ahead.

 

If you have applied for an IPO, you can check the status of your allotment by clicking here. Simply input your application number or PAN number to access the information. Please note that the link would be an actual hyperlink leading to the relevant website for checking IPO allotment status.

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