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IPO Alert : IPO of these 4 companies opened today, the aim is to raise funds worth crores, a golden opportunity to play the bet, know the details

You can invest in Cables and Conductors Limited, Mangalam Alloy Limited and Hi-Green Carbon Limited till 25th September. Out of the four, two IPOs will be listed on October 4 and two on October 5.

Macro Cables and Conductors Limited IPO

Macro Cables And Conductors Limited , a company doing business of cable wires, selling wires and conductors, has opened its IPO today. A total of 5,202,000 shares have been issued to raise funds of Rs 18.73 crore. 2,601,000 shares have been issued under the Offer for Sale (OFS). The listing platform is NSE and SME. Price is Rs 36 and lot size is 3000 shares. It has been subscribed 0.11 times as of 10:23 am on Thursday. The listing of the issue will take place on October 4, 2023.

Mangalam Alloy Limited IPO

Mangalam Alloys Limited is engaged in manufacturing products based on stainless steel. 6,864,000 shares have been issued to raise funds of Rs 54.91 crore. 737,600 shares have been issued under the OFS. Price is Rs 80. The listing platform is NSE and SME. The lot size is 1600 shares. The listing of the issue will take place on October 5. The issue has been subscribed 0.06 times as of 10:30 am today.

Hi-Green Carbon Limited IPO

Hi-Green Carbon Limited is at number three in this list . The company is involved in the business of waste tire recycling. The IPO has been subscribed 0.65 times as of 10:35 am. The company has issued 7,040,000 shares to raise funds of Rs 52.80 crore. The lot size is 1600 shares. The price band is from Rs 71 to Rs 75. Its listing will take place on October 4. The listing platform is NSE and SME.

Organic Recycling Systems Limited IPO

Organic Recycling Systems Limited, which provides sustainable waste management solutions, has issued 2,500,200 shares to raise Rs 50 crore. The price is Rs 200 and the lot size is 600 shares. The listing platform is BSE and SME. The listing of the issue will take place on October 5. As of 10:39 am the issue has been subscribed 0.02 times.

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