Ami Organics, Vijaya Diagnostic IPO LISTING, Sansera Engineering IPO opening to drive primary market today—Check Anil Singhvi's views on 2 IPOs to be listed on bourses
There will be great action in the primary market on Tuesday as two IPOs will be listed on the bourses, while one will open for subscription.
There will be great action in the primary market on Tuesday as two IPOs will be listed on the bourses, while one will open for subscription. The Initial Public Offerings (IPO) of Ami Organics and Vijaya Diagnostic will be listed on exchanges, while Sansera Engineering IPO will be opening for subscription today, September 14, 2021, The former two IPOs had opened on the same day (Sept 1) and closed on September 3.
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Ami Organics was subscribed whooping 64.54 times, while Vijaya Diagnostic Centre IPO was subscribed 4.54 times on September 3, the last day of the two Initial Public Offerings.
Ami Organics IPO received bids for over 42,22,36,296 shares as against the total issue size of 65,42,342 shares, while Vijaya Diagnostic saw bids being made for 11,36,44,020 shares against available quota of 2,50,26,646 shares for the issue, showed NSE consolidated bid details.
Ami Organics, Vijaya Diagnostic IPOs Anil Singhvi's take
Earlier, talking about Ami Organics, Vijaya Diagnostic IPOs, Zee Business Managing Editor Anil Singhvi has recommended to apply for Ami Organics IPO with long-term objective. “The recent Issues failed to show bumper listings despite being oversubscribed, while those who didn’t get subscribed much had the good listing. Hence one should keep a long-term view as the September series could be a little volatile too," Anil Singhvi had said.
He had similar view regarding Vijaya Diagnostic Centre IPO. "The investors must apply in Vijaya Diagnostic Centre IPO with a long-term view," Zee Business Managing Editor has said.
Sansera Engineering Limited IPO key deatils
Meanwhile, the three-day Sansera Engineering Limited that will open today will close on 16 September.
The Issue size of Sansera Engineering IPO comprises 17,244,328 equity shares. The issue type is 100 per cent Book Building. Sansera Engineering IPO bid lot is 20 equity shares and in multiples thereof. Minimum Order Quantity is 20 equity shares. The maximum subscription amount for retail Investor is Rs 2 lakh, while maximum subscription amount for eligible employee is Rs 5 lakh. The price range for this IPO is Rs 734 to Rs 744.
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