The IPO market is heating up again, and this week, four companies are stepping into the spotlight—two on the mainboard and two from the SME corner. With grey market premiums causing more excitement than a wedding buffet, here’s your no-nonsense, slightly cheeky guide to what’s hitting the Street.
🧵 Mainboard IPOs: Weaves and Wheels
| Company | Sector | Issue Size (Cr) | Price Band (₹) | Issue Dates | GMP* (₹) | GMP Premium |
|---|---|---|---|---|---|---|
| Borana Weaves | Textiles | ₹144.89 | 205–216 | May 20–22 | ~279 | ~29% |
| Belrise Industries | Auto Components | ₹2,150 | 85–90 | May 21–23 | ~107 | ~19% |
Borana Weaves
Textile manufacturer Borana Weaves kicks things off with a ₹144.89 crore IPO, fully fresh issue, priced at ₹205–216. Allotment wraps up on May 23, with a listing slated for May 27. Beeline’s running the show, and the grey market seems to be stitching in a 29% premium already.
Belrise Industries
Following right behind is Belrise Industries with a much bigger ₹2,150 crore offering. Also fully fresh, it’s priced ₹85–90 and is open May 21–23. Listing is expected on May 28. Grey market buzz? A tidy 19% premium.
📈 SME IPOs: Finance and Tech with a Kick
| Company | Sector | Issue Size (Cr) | Price Band (₹) | Issue Dates | GMP* (₹) | GMP Premium |
|---|---|---|---|---|---|---|
| Dar Credit and Capital | Finance | ₹25.66 | 57–60 | May 21–23 | ~72 | ~20% |
| Unified Data-Tech Solutions | Tech Services | ₹144.47 (OFS) | 260–273 | May 22–26 | ~448 | ~64% |
Dar Credit and Capital
SME finance player Dar Credit is offering ₹25.66 crore worth of shares, fully fresh, priced at ₹57–60. Allotment on May 26, listing May 28. Grey market premium? A healthy 20%.
Unified Data-Tech Solutions
The tech firm’s IPO is a ₹144.47 crore offer for sale (no fresh issue here), and it’s already turning heads with a sizzling 64% GMP. Bidding runs May 22–26, and shares should hit BSE SME on May 29.
📅 This Week’s Key Dates at a Glance
| Event | Date |
|---|---|
| Borana Weaves Allotment | May 23 |
| Belrise, Dar IPOs Close | May 23 |
| Unified Data-Tech Opens | May 22 |
| First Listing (Borana) | May 27 |
*GMP = Grey Market Premium (unofficial & volatile, like your group chat investment tips)
This week is shaping up to be a litmus test for investor sentiment—and maybe a mini festival for IPO hunters. Stay sharp, watch the allotments, and don’t let grey market hype be your only guide.
