IPOs Of 4 Companies Including CE Info Will Be Listed This Week

IPOs of 4 companies including CE Info will be listed this week, know full details. IPOs of 4 more companies are being listed in the primary market this week.

These include Mapmy India, Metro Brands, Medplus, and Data Patterns. Shares of Shriram Properties Limited got listed on Monday.

On the first day of trading, the company’s shares closed with a loss of about 16 percent against the issue price of Rs 118. Earlier in the day, the shares were listed with a loss of nearly 24 percent.

Mapmyindia.

Other companies to be listed include MapmyIndia, Metro Brands, MedPlus Health Services, and Data Patterns.

Among these, the IPO of CE Info Systems, which is popular for its brand MapmyIndia, will be listed today.

The public issue of Advanced Digital Maps, Geospatial Software, and Location-Based IoT Technology Provider had received an overwhelming response, which was subscribed 155 times.

Its IPO was open between 9-13 December. Its band was: Rs 1,000-1,033/share.

Footwear Retail Brand Metro.

The initial public offering of Metro, a specialty footwear retail brand owned by Rakesh Jhunjhunwala, was subscribed 3.64 times on the last day, while the retail segment was subscribed 1.13 times.

Its IPO came between December 10 and 14. Its price band was Rs 485-500/share. Its listing is fixed on December 22.

Medplus Health Services.

MedPlus Health Services, the second-largest pharmacy retailer in India, was subscribed 52.6 times, retail investor subscriptions 5.2 times, and non-institutional investors 85.33 times.

The share of eligible institutional buyers was subscribed 111.9 times. Its IPO came between 13 and 15 December. Price Band: was Rs 780-796/share. Its listing date is 23 December.

Data pattern.

Data Pattern India develops end-to-end capabilities to cater to the spectrum of defense and aerospace platforms.

It had an order book of Rs 580 crore (2.6x order book/sales) as of September, growing at a CAGR of 40 percent from FY18.

Its initial public offering attracted bids for 84.89 crore equity shares as against 119.62 times the 70.97 lakh shares on offer. Its listing date will be on December 24.