Hey there, fellow investors! As we kick off another exciting month, let’s explore the latest IPOs of Early March 2024 hitting the market. March is shaping up to be an exhilarating time for IPO enthusiasts, with a slew of promising companies making their debut.
Join me on a journey through the latest IPO landscape, where we’ll uncover the hidden gems and potential market disruptors set to make waves in the coming weeks. So, whether you’re a seasoned investor or just dipping your toes into the IPO game, buckle up and get ready for some thrilling insights into the companies poised to define the market in early March 2024. Let’s navigate this exciting terrain together and uncover the opportunities that lie ahead!
Stay tuned as we unravel the stories behind these upcoming IPOs and discover what makes them worth your attention. It’s time to seize the moment and explore the potential of the March IPO frenzy!”
Here’s a glimpse into the upcoming Initial Public Offerings (IPOs) scheduled for early March 2024. Get ready to discover the latest additions to the stock market and explore the potential opportunities they bring.
List of Latest IPOs of Early March 2024:
| Serial No. | Stock | IPO Start Date | IPO End Date | Listing Date | Min. Price | Max. Price | Min. Qty | Min. Value | Max. Value |
| 1 | R K Swamy Limited (RKSWAMY) | 04-Mar-24 | 06-Mar-24 | 12-Mar-24 | 270.00 | 288.00 | 50 | 13500 | 14400 |
| 2 | V R Infraspace Limited (VR) | 04-Mar-24 | 06-Mar-24 | 12-Mar-24 | 85.00 | 85.00 | 1,600 | 136000 | 136000 |
| 3 | J G Chemicals Limited (JGCHEM) | 05-Mar-24 | 07-Mar-24 | 13-Mar-24 | 210.00 | 221.00 | 67 | 14070 | 14807 |
| 4 | Sona Machinery Limited (SONAMAC) | 05-Mar-24 | 07-Mar-24 | 13-Mar-24 | 136.00 | 143.00 | 1,000 | 136000 | 143000 |
| 5 | Shree Karni Fabcom Limited (SKFL) | 06-Mar-24 | 11-Mar-24 | 14-Mar-24 | 220.00 | 227.00 | 600 | 132000 | 136200 |
| 6 | Pune E-Stock Broking Limited (PEBL) | 07-Mar-24 | 12-Mar-24 | 15-Mar-24 | 78.00 | 83.00 | 1,600 | 124800 | 132800 |
Without further ado, let’s dive into the lineup of companies poised to make their market debut:
1. R K Swamy Limited (RKSWAMY):
– Sector: Marketing and Advertising
– Background: With a rich history in the marketing and advertising industry, RKSWAMY brings decades of expertise in crafting innovative campaigns and strategies for clients across various sectors.
– Offerings: RKSWAMY’s IPO promises investors a chance to capitalize on the company’s proven track record and strategic vision in the ever-evolving landscape of marketing and advertising. Click here to read the red herring prospectus from SEBI website.
| Stock | Face Value Per Share | Pre Issue Shares | Fresh Issue Shares | Total Issues | Pre Issue Promoter Shareholding | Post Issue Promoter Shareholding |
| R K Swamy Limited (RKSWAMY) | 5 | 4,44,57,140 | 60,06,944 | 5,04,64,084 | 83.03% | 100.00% |
2. V R Infraspace Limited (VR):
– Sector: Infrastructure Development
– Background: VR is a key player in the infrastructure development sector, specializing in the construction of roads, bridges, and other vital infrastructure projects.
– Offerings: With a strong portfolio of successful projects and a commitment to quality and innovation, VR’s IPO presents an opportunity for investors to participate in the growth of India’s infrastructure landscape.
| Stock | Face Value Per Share | Pre Issue Shares | Fresh Issue Shares | Total Issues | Pre Issue Promoter Shareholding | Post Issue Promoter Shareholding |
| V R Infraspace Limited (VR) | 10 | 64,80,000 | 24,00,000 | 88,80,000 | 100.00% | 72.97% |
3. J G Chemicals Limited (JGCHEM):
– Sector: Chemicals Manufacturing
– Background: JGCHEM is a leading manufacturer of specialty chemicals used in various industries such as pharmaceuticals, agriculture, and textiles.
– Offerings: With a focus on research and development, JGCHEM aims to leverage its expertise to drive innovation and capture new market opportunities through its IPO. Click here to read the red herring prospectus from SEBI website.
| Stock | Face Value Per Share | Pre Issue Shares | Fresh Issue Shares | Total Issues | Pre Issue Promoter Shareholding | Post Issue Promoter Shareholding |
| J G Chemicals Limited (JGCHEM) | 10 | 3,17,20,000 | 74,66,063 | 3,91,86,063 | 100.00% | – |
4. Sona Machinery Limited (SONAMAC):
– Sector: Industrial Machinery
– Background: SONAMAC specializes in the manufacturing and distribution of industrial machinery used in sectors like manufacturing, construction, and agriculture.
– Offerings: SONAMAC’s IPO provides investors with a chance to invest in a company poised for growth, driven by increasing demand for industrial machinery in India and abroad.
| Stock | Face Value Per Share | Pre Issue Shares | Fresh Issue Shares | Total Issues | Pre Issue Promoter Shareholding | Post Issue Promoter Shareholding |
| Sona Machinery Limited (SONAMAC) | 10 | 1,01,00,000 | 36,24,000 | 1,37,24,000 | 100.00% | 73.59% |
5. Shree Karni Fabcom Limited (SKFL):
– Sector: Textile Manufacturing
– Background: SKFL is a renowned name in the textile industry, known for its high-quality fabrics and innovative textile solutions.
– Offerings: SKFL’s IPO offers investors an opportunity to be part of the company’s journey as it expands its product offerings and explores new markets.
| Stock | Face Value Per Share | Pre Issue Shares | Fresh Issue Shares | Total Issues | Pre Issue Promoter Shareholding | Post Issue Promoter Shareholding |
| Shree Karni Fabcom Limited (SKFL) | 10 | 52,00,000 | 18,72,000 | 70,72,000 | 96.16% | 70.07% |
6. Pune E-Stock Broking Limited (PEBL):
– Sector: Financial Services
– Background: PEBL is a rising star in the financial services sector, offering a range of brokerage and advisory services to investors.
– Offerings: PEBL’s IPO presents an opportunity for investors to tap into the growing demand for online trading and financial services in India.
| Stock | Face Value Per Share | Pre Issue Shares | Fresh Issue Shares | Total Issues | Pre Issue Promoter Shareholding | Post Issue Promoter Shareholding |
| Pune E-Stock Broking Limited (PEBL) | 10 | 1,10,44,458 | 46,06,400 | 1,56,50,858 | 72.75% | 51.34% |
Stay tuned for more insights into these early March 2024 IPOs as we delve deeper into their offerings, growth prospects, and potential impact on the market.
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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