IPO News: Today Union Finance Minister Nirmala Sitharaman will present the General Budget (Budget 2024). This will be the first full budget of Modi 3.0. On Budget Day, investors will have a chance to bet on the IPOs of two companies.
VLInfraprojects IPO
VL Infraprojects IPO opens from today. The size of the company’s IPO is Rs 18.52 crore. The company will issue 44.10 lakh shares through this IPO. The company has fixed the price band at Rs 39 to Rs 42 per share. The lot size of this IPO is 3000 shares. Because of which investors will have to place a bet of at least Rs 1,26,000.
This IPO will be open for investors from today till July 25. The allotment of shares will take place on July 26. The company has raised Rs 5.24 crore from anchor investors. The IPO opened for anchor investors on July 22. Let us tell you, the company’s performance in the gray market is good. VL Infraprojects IPO is trading at a premium of Rs 50 in the gray market. Which is more than the price band.
Company is giving dividend of Rs 100 on 1 share, record near
IPO News: Today Union Finance Minister Nirmala Sitharaman will present the General Budget (Budget 2024). This will be the first full budget of Modi 3.0. On Budget Day, investors will have a chance to bet on the IPOs of two companies.
VLInfraprojects IPO
VL Infraprojects IPO opens from today. The size of the company’s IPO is Rs 18.52 crore. The company will issue 44.10 lakh shares through this IPO. The company has fixed the price band at Rs 39 to Rs 42 per share. The lot size of this IPO is 3000 shares. Because of which investors will have to place a bet of at least Rs 1,26,000.
This IPO will be open for investors from today till July 25. The allotment of shares will take place on July 26. The company has raised Rs 5.24 crore from anchor investors. The IPO opened for anchor investors on July 22. Let us tell you, the company’s performance in the gray market is good. VL Infraprojects IPO is trading at a premium of Rs 50 in the gray market. Which is more than the price band.
VVIP Infratech Limited IPO
The size of the company’s IPO is Rs 61.21 crore. The company will issue 65.82 lakh shares through IPO. This IPO will open for investors on July 23. Investors had the chance till July 25, 2024. The company has fixed the price band of Rs 91 to Rs 93 for this IPO.
The company has made one lot of 1200 shares. Because of which retail investors will have to place a bet of at least Rs 1,11,600. The company’s shares were trading at a premium of Rs 50 in the gray market today. Let us tell you, the listing of the company can happen on July 30.
