Sunday, October 08, 2017

Upcoming IPOs in October 2017

After a great month of September with superb IPOs now its time to have another big month with list of IPOs in October 2017. The all eyes will be on Diwali month. The companies like GIC, Godrej Agrovet, Mas Financial and Indian Energy Exchange geared up for the same in October. One can expect a good listing gain in Mas Financial and Godrej Agrovet but less gains might be in the IEX and GIC. GIC will be the 2nd highest ipo as per size with 11500 crore. We recommend Godrej Agrovet and Mas Financial for short term investors who can apply for listing gain.

Read Also: List of Upcoming IPOs

Check out the list of upcoming IPO in October 2017 with their tentative dates and IPO size.

1. Godrej Agrovet

Dates: 4-Oct to 6-Sept
Issue Size: Rs. 1157 Crores (Approx)
Listing: BSE and NSE 
Price Band: 450-460
Face Value: Rs.10

2. Mas Financial

Dates: 6-Oct to 10-Oct
Issue Size: Rs. 550 Crores (Approx)
Listing: BSE and NSE
Price Band: 456- 459
Face Value: Rs.10

3. Indian Energy Exchange

Dates: 09-Oct to 11-Oct
Issue Size: Rs. 1000  Crores (Approx)
Listing: BSE and NSE 
Price Band: 1645-1650
Face Value: Rs.10

4. General Insurance Corporation (GIC)

Dates: 11-Oct to 13-Oct
Issue Size: Rs. 11500 Crores (Approx)
Listing: BSE and NSE 
Price Band: 855-912
Face Value: Rs.5

5. Reliance Nippon Life AM

Dates: 25-Oct to 27-Oct
Issue Size: Rs. 1542 Crores (Approx)
Listing: BSE and NSE 
Price Band: Rs.247-252
Face Value: Rs.10

6. Mahindra Logistics

Dates: 31-Oct to 02-Nov
Issue Size: Rs. 701 Crores (Approx)
Listing: BSE and NSE 
Price Band: Rs.355-363
Face Value: Rs.10

Note: The information about upcoming ipo in October 2017 is expected. We do not have any confirmation about the same but its upon the company's decision.