The Indian primary market is abuzz today with the initiation of initial public offerings (IPOs) from five distinct companies, open for subscription by retail investors. From mainboard IPOs like Happy Forgings to those associated with the small and medium enterprises (SME) sector, such as Electro Force (India), delve into the details of price bands, lot sizes, and allotment and listing dates for these inaugural issues.
1. **Happy Forgings IPO (December 19-21):**
- Price Band: Rs 808-850
- Lot Size: 17 shares
- Allotment Finalization: Expected on December 22
- Listing Date: Anticipated on December 27
- Happy Forgings IPO GMP: Ranged between Rs 415-420, as reported by various websites tracking unregulated market activities.
2. **Credo Brands IPO:**
- Price Band: Rs 266-280
- Lot Size: 53 shares
- Allotment Finalization: Expected on December 22
- Listing Date: Anticipated on December 27
- Credo Brands IPO GMP: Reported in the range of Rs 125.
3. **RBZ Jewellers IPO:**
- Price Band: Rs 95-100
- Lot Size: 150 shares
- Allotment Status: To be known by December 22
- Listing Date: Scheduled for December 27
- RBZ Jewellers IPO GMP: Recorded as Rs 0 on Tuesday afternoon.
4. **Electro Force IPO:**
- Price: Rs 93
- Lot Size: 1200 shares
- Allotment Finalization: Expected on December 22
- Listing Date: Anticipated on December 27
- Electro Force IPO GMP: Fell within the range of Rs 10.
5. **Shanti Spintex IPO:**
- Price Band: Rs 66-70
- Lot Size: 2000 shares
- Allotment Finalization: Expected on December 22
- Listing Date: Anticipated on December 27
Note: All information is subject to change, and investors are advised to stay updated with the latest market developments.
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