ENERGY

Premier Energies Ltd:

 

Face Value: ₹1 per share
Price Band: ₹427 to ₹450 per share 

Lot Size: 33 shares 

Fresh Issue: 28,697,777 shares

Listing Date: September 3, 2024

 

Surender Pal Singh Saluja is the founder and promoter of the company, and he is also the chairman and full-time director responsible for executing the Company's business strategies and providing strategic advice to the Board. Premier Energies Ltd. specializes in the integrated production of solar cells and modules. It was established in the year 1995. 

 

The company leads in new technology, creating solar products and solutions. Their advanced manufacturing facilities are located in 3 places across Telangana, covering more than 44.91 acres. 

 

As of March 31, 2024, Premier Energies produced 3.6 GW of solar modules and 2 GW of solar cells. Also, the company is adding a new TOPCon (Tunnel Oxide Passivated Contact) to the cell manufacturing line for FY25 to keep up with the latest technology. 

 

The last grey market premium of the company was ₹336. 

 

MOBILITY & HOSPITALITY

Ecos (India) Mobility & Hospitality Ltd:

 

Face Value: ₹2 per share
Price Band: ₹318 to ₹334 per share 

Lot Size: 44 shares 

Listing Date: September 4, 2024

 

The company was founded in 1996 by Khem Raj Loomba, who was an ex-army officer. The company offers car rental services, including chauffeur-driven cars and employee transportation services. 

 

Since the company started, it has become the largest and most profitable provider of chauffeur-driven cars for corporates in India. The company also provides self-driven cars in Delhi, Gurugram, Mumbai, and Bengaluru. Ecos (India) Mobility and Hospitality Ltd provides individuals with services like travel and tourism companies, hotels, employee transportation, etc. In FY24, the company completed 3,100,000 trips (8,400 trips per day) through its Chauffeured Car Rentals (CCR) and Employee Transportation Services (ETS).

 

Rajesh Loomba and Aditya Loomba are the promoters of Ecos' Mobility and Hospitality Ltd. In FY24 the company’s revenue jumped from 31% to ₹554 Cr. and net profit increased 43% to ₹62.5 Cr.

 

RETAIL

Baazar Style Retail Ltd:

 

Face Value: ₹5 per share
Price Band: ₹370 to ₹389 per share 

Lot Size: 38 shares 

Fresh Issue: 3,804,627 shares

Listing Date: September 6, 2024

 

Baazar Style Retail Ltd. was founded by Rekha Rakesh Jhunjhunwala in 2013, headquartered in Kolkata, West Bengal. The promoters of the company are Pradeep Kumar Agarwal, Rohit Kedia, Shreyans Surana, Bhagwan Prasad, and more. 

 

The company runs retail stores that sell a variety of products like clothing, home furnishing, cutlery, crockery, utensils, sports goods, etc. across India. 

Baazar Style Retail Ltd. aims to create a seamless shopping experience by combining affordability with quality with a strong emphasis on customer satisfaction and efficient service. 

 

The financial performance of the company represents an increment in revenue to ₹973 crore and a CAGR of 32.86%. 

 

MANUFACTURING & LAMINATIONS 

JayBee Laminations Ltd:

 

Face Value: ₹10 per share
Price Band: ₹138 to ₹146 per share 

Lot Size: 1000 shares 

Fresh Issue: 4,570,000 shares

Listing Date: September 3, 2024

 

JayBee Laminations Ltd was established in the year 1988. Munish Kumar Aggarwal is the promoter, chairman, and whole-time director of the company.

 

The company has two manufacturing units in Noida, where they produce CRGO (Cold Rolled Grain Oriented) and CRNGO (Cold Rolled Non Grain Oriented) Steel cores. These cores are used in transformers, reactors, inverters, and rectifiers. JayBee Laminations is known for its toroidal cores, transformer cores, and other electrical stampings which include products like cut laminations, slit coils, assembled cores, and E&I stampings which are of a high-quality standard. 

 

The company specializes in designing, developing, and manufacturing electrical steel cores that meet global quality standards. The financial growth of JayBee Laminations Ltd represents a rise in revenue to ₹30,349,56 million in FY24. 

 

TECHNOLOGY & SYSTEMS

Vdeal System Ltd:

 

Face Value: ₹10 per share
Price: ₹112 per share 

Lot Size: 1200 shares 

Fresh Issue: 1,614,000 shares

Listing Date: September 3, 2024

 

Dhiraj Kochar, the CEO of Vdeal System Ltd, established the company in the year 2005. The company provides solutions for electric panels, industrial automation, and many more for better growth. Vdeal has an experience of over 20 years and provides automation solutions to their customers across India. 

 

It is a top-rated integrator in the Eastern region and is recognized by multiple MNCs and clients. Their goal is to provide high-quality sustainable products and services at competitive prices that exceed customers expectations. 

 

Vdeal System Ltd.'s revenue increased by 26% and profit after tax rose by 183% in FY24.

 

Paramatrix Technologies Ltd:

 

Face Value: ₹10 per share
Price: ₹110 per share 

Lot Size: 1200 shares 

Fresh Issue: 2,758,800 shares

Listing Date: September 4, 2024

 

Paramatrix Technologies Ltd. started its journey in 2004, is headquartered in Mumbai, and has served in building positive change in the digital landscape across hundreds since then. The owner of the company is Mr. Mukesh Thumar.

 

They have created many unique tech products across different industries and the company has also developed advanced tech solutions ranging from Application development to cloud computing and mobility services to help people and businesses around the world, seeking a vision of using technology for good, and working across different sectors and regions to make a positive impact on the digital world.

 

The company has completed more than 350 projects across various sectors, including human resources, banking, capital markets, manufacturing, and more. 

 

COMPOSITES

Aeron Composite Ltd: 

 

Face Value: ₹10 per share
Price Band: ₹121 to ₹125 per share 

Lot Size: 1000 shares 

Fresh Issue: 4,488,800 shares

Listing Date: September 4, 2024

 

Aeron Composite Ltd was established in 2011, based in Ahmedabad, Gujarat. Ravi Patel is the CEO and the promoters of the company are Dilipkumar Ratilal Patel, Chirag Chandulal Patel, Pankaj Shantilal Dadhaniya, Ravi Pankajkumar Patel, and more. 

 

The company is a large manufacturer and exporter of FRP (fiber-reinforced polymer) and GRP (glass-reinforced plastic) products like cable trays, gratings, ladders, canopies, clamps, light poles, cooling towers, and more. The company’s skilled and experienced professionals precisely produce these products using high-quality raw materials and modern methods to ensure top-notch quality to their customers. 

 

They exhibit their products for their smooth surfaces, strong build, shock resistance, flawless finishings, durability in rough weather, and resistance to heat and chemicals.  

 

Conclusion:

 

A diverse range of IPOs are available soon for investors and traders, ranging from innovative tech solutions to manufacturing and retail. These companies offer exciting investment opportunities. Whether you're looking to invest in clean energy, advanced technology, or dynamic retail, now is the time to consider these new listings. 

Check out the IPOs Performance in 2024 So Far and know the process of IPO in India. Your willingness to invest must consider How to Apply for an IPO. Also, watch why should you invest in an IPO.

 

Disclaimer: This blog is posted solely for educational purposes. The securities mentioned are examples and not recommendations. It is based on various secondary sources from the internet and is subject to change. Please consult an expert before making any related decisions.