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Kolkata: As many as five mainboard IPOs are hitting the market this week -- four on Tuesday, August 19 and one on Wednesday, August 20, 2025. The four to kick off the public application process on Tuesday are Patel Retail IPO, Vikram Solar IPO, Gem Aromatics IPO and Shreeji Shipping Global IPO. The issue to open bidding process on Wednesday is Mangal Electric Industries IPO. let's have a look at their price, lot size and GMP (Grey Market Premium) of each.
Patel Retail IPO: This IPO is designed to mobilise Rs 242.76 crores The bidding will remain open from August 19 to August 21. The allotment date for Patel Retail IPO is August 22 and the shares will list on both BSE and NSE on August 26. The price band is set at Rs 237-255. The minimum lot size for the retail investor is 58. The minimum application amount is Rs f investment required by an retail is Rs 14,790 at the upper end of the price band.
Vikram Solar IPO: This is the biggest new issue of the week. Vikram Solar IPO intends to raise Rs 2,079.37 crores. The issue will remain open from August 19 to 21. The dates of allotment and listing are August 22 and August 26 respectively. The price band for Vikram Solar IPO is Rs 315-332. The smallest lot size for a retail investor is 45 and, therefore, the smallest application amount for a retail investor is Rs 14,940 at the upper end of the price band.
Vikram Solar IPO GMP stood at Rs 68 on Monday morning, which indicates a listing gain of 20.48%. However, GMP or Grey Market Premium is an unofficial indicator that does not guatanree anything.
Gem Aromatics IPO: Gem Aromatics IPO seeks to mop up Rs 451.25 crore from the market. The bid dates, allocation date and listing date for Gem Aromatics IPO are the same as the two IPOs mentioned above. The price band for Gem Aromatics IPO is Rs 309-325. For a retail investor, the smallest lot size is 46. The smallest application amount is Rs 14,950 at the upper end of the price band. The smallest lot size investment for sNII investors is 14 lots or 644 shares and that for bNII investors is 67 lots or 3,082 shares.
Shreeji Shipping Global IPO: Shreeji Shipping Global IPO is designed to rise Rs 410.71 crores. The IPO bidding dates, allotment date and listing date will be the same as above. The price band for Shreeji Shipping Global IPO is Rs 240-252. The smallest lot size for an application by a retail investor is 58. The minimum amount for bidding is Rs 14,616.
Mangal Electric Industries IPO: Mangal Electrical IPO intends to raise Rs 400.00 crores. The bidding process will remain open from August 20 and on August 22. The allotment date for Mangal Electrical IPO is August 25 and the listing date is August 28. The Mangal Electrical IPO price band is Rs 533-561. The minimum investible lot is 26. The minimum amount of investment is Rs 14,586. The lot size for sNII investors is 14 lots or 364 shares and that for bNII investors is 69 lots or 1,794 shares.
(Disclaimer: This article is only meant to provide information. TV9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, precious metals, commodity, REITs, INVITs, any form of alternative investment instruments and crypto assets.)
