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The primary market is anticipating the arrival of two additional book build issues the following week: Netweb Technologies and Asarfi Hospital IPO. Following the dream listing of ideaForge Technologies, Cyient DLM, and Senco Gold IPOs, the primary market is anticipating the arrival of these three initial public offerings. Both planned IPOs will begin trading on Monday of next week. Netweb Technologies’ IPO size is 631 crore, while Asarfi Hospital’s IPO plans to raise 26.94 crore from its public offer, for a total of roughly 658 crore on the primary market next week.
Here is the complete information for these upcoming IPOs:
Netweb Technologies IPO
The public issue will begin on July 17, 2023, and will be up for bidding until July 19, 2023. So, the Netweb Technologies IPO will begin on Monday next week, and the book build issue will close on Wednesday next week. The business has set a fixed offering price of 475 to 500 rupees per equity share and hopes to raise 631 crore through this book build issuance. Netweb Technologies’ IPO is expected to be allotted on July 24, 2023. The public offering is intended for listing on both the BSE and the NSE, with the most likely Netweb Technologies IPO listing date being July 27th, 2023.
Netweb Technologies IPO GMP today: According to market experts, shares of Netweb Technologies Ltd are selling at a premium of 338 in the grey market today, implying that the IPO grey market premium (GMP) for Netweb Technologies is 338. This suggests that the grey market is extremely positive on the public offering and anticipates a Netweb Technologies IPO listing price of roughly 838 (500 + 338), which is more than 65 percent higher than the Netweb Technologies IPO pricing band of 475 to 500 per equity share.
Asarfi Hospital IPO
The SME issue will be up for bidding on July 17, 2023, and will close on July 19, 2023. As a result, the Asarfi Hospital IPO will begin on Monday next week and terminate on Wednesday the following week. The healthcare services provider has set a fixed issue price of 51 to 52 rupees per equity share and hopes to collect 26.94 crore through this book build offer. The Asarfi Hospital IPO is expected to be allotted on July 24, 2023. The public offering is intended for listing on the BSE SME platform, with the most likely Asarfi Hospital IPO listing date being July 27th, 2023.
Asarfi Hospital IPO GMP today: According to market experts, Asarfi Hospital Ltd shares are trading at a premium of 12 on the grey market today, implying that the Asarfi Hospital IPO grey market premium (GMP) today is 12. This suggests that the grey market is optimistic about the public offering and anticipates that the Asarfi Hospital IPO listing price will be about 64 (52 + 12), which is more than 23% higher than the Asarfi Hospital IPO pricing band of 51 to 52 per equity share.