- April 28, 2025
Latest IPOs: Ather Energy Among 5 Issues Launch This Week – News18
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Five IPOs, including Ather Energy, will launch this week. SMEs like Iware Supplychain, Arunaya Organics, Kenrik Industries, and Wagons Learning will also open their IPOs.
Latest IPOs: Ather Energy, 4 Other SMEs are opening for subscription from April 28th to May 2nd; Check complete list
Latest IPOs: Primary market will remain abuzz this week with back-to-back IPO launches after recent sluggishness amid market volatility. A total of 5 IPOs will hit the market including a mainboard – Ather Energy IPO.
Ather Energy IPO
Ather Energy’s IPO opens for subscription today, April 28, marking the first significant public issue in recent times. The three-day subscription window for the Rs 2,980.6 crore public issue is available until April 30, 2025.
In this issue, Ather Energy plans to issue fresh shares totaling 8,18,06,853 (worth up to Rs 2,626.76 crore) and offer for sale 1,10,51,746 shares (totaling Rs 2,980.76 crore).
The IPO price band is set between Rs 304 to Rs 321 per share, with an employee discount of Rs 30 per share. he allotment of unlisted shares for Ather Energy’s IPO will be finalized on Friday, May 2, 2025. The tentative listing date is set for Tuesday, May 6, 2025, on BSE and NSE.
4 SMEs IPO To Open This Week:
Iware Supplychain Services (SME IPO)
Iware Supplychain Services IPO opens on April 28 and will be available until April 30 at a price of Rs 95 per share. The issue size is of Rs 27.13 crore with a lot size of 1,200 shares, translating to a minimum investment of Rs 1.14 lakh. It is expected to be listed on May 6.
The company engages in integrated logistics and supply chain services across multiple states.
Arunaya Organics (SME IPO)
Arunaya Organics IPO will open between April 29 to May 02 at a price band of Rs 55-58 per share. The public issue has a size of Rs 33.99 crore with a lot size of 2,000 shares, translating to a minimum investment of 1.16 lakh. It is expected to be listed on May 07.
The company will use the funds for setting up a new plant in Gujarat and meeting working capital.
Kenrik Industries (SME IPO)
Kenrik Industries IPO will open between April 29 to May 06 at a price of Rs 25 per share. The issue has size of Rs 8.75 crore. The lot size contains 6,000 shares, translating to a minimum investment of Rs 1.5 lakh. It is expected to be listed on May 09.
The company is in gems, jewellery and precious metals.
Wagons Learning (SME IPO)
Wagons Learning IPO will be open between May 02 to May 06 at a price band of Rs 78-82 per share. The public issue has a size of 1600 shares with a minimum investment of Rs 1.31 lakh. It is expected to list on May 09.
The company is in corporate training and learning solutions.
Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.
