Hariom Atta & Spices IPO is a fixed price issue of Rs 5.54 crores. The issue is entirely a fresh issue of 11.55 lakh shares.

Hariom Atta & Spices IPO opens for subscription on May 16, 2024 and closes on May 21, 2024. The allotment for the Hariom Atta & Spices IPO is expected to be finalized on Wednesday, May 22, 2024. Hariom Atta & Spices IPO will list on NSE SME with tentative listing date fixed as Friday, May 24, 2024.

Hariom Atta & Spices IPO price is ₹48 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹144,000. The minimum lot size investment for HNI is 2 lots (6,000 shares) amounting to ₹288,000.

GYR Capital Advisors Private Limited is the book running lead manager of the Hariom Atta & Spices IPO, while Kfin Technologies Limited is the registrar for the issue. The market maker for Hariom Atta & Spices IPO is Giriraj Stock Broking.

Indian Emulsifier Limited is a manufacturer and supplier of Specialty Chemicals i.e., Esters, Amphoteric, Phosphate Esters, Imidazolines, Wax Emulsions, SMO & PIBSA Emulsifiers.

The product line of the company includes the following:

• Esters
• Amphoteric
• Phosphate esters
• Imidazolines
• Wax emulsions
• SMO & PIBSA Emulsifiers

The Company supplies specialty chemicals to a wide range of industries, including Mining, Textile, Cleaning, PVC/Rubber, Personal Care, Food, and others.

Indian Emulsifier Limited offers over 40 specialty chemicals and intermediates for various industries such as mining, textile, cleaning, PVC/rubber, personal care, and food. The Company is as ISO 9001:2015 certified company.

The company has two warehouses one situated in Raigad, Maharashtra and the second one in Ratnagiri Maharashtra. The facility has a production capacity of 4,800 metric tons per annum, which has been increased from 2,400 MT per annum by the installation of additional reactors. The plant is equipped with process control, an innovative R&D center, quality control, and application laboratories.

As of December 31, 2023, the company has 34 full-time employees, including key managerial personnel.

ABS Marine Services IPO is a book built issue of Rs 96.29 crores. The issue is entirely a fresh issue of 65.5 lakh shares.

ABS Marine Services IPO bidding opened for subscription on May 10, 2024 and will close on May 15, 2024. The allotment for the ABS Marine Services IPO is expected to be finalized on Thursday, May 16, 2024. ABS Marine Services IPO will list on NSE SME with tentative listing date fixed as Tuesday, May 21, 2024.

ABS Marine Services IPO price band is set at ₹140 to ₹147 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹147,000. The minimum lot size investment for HNI is 2 lots (2,000 shares) amounting to ₹294,000.

About Venus Pipes & Tubes IPO

The company has about six years of experience in manufacturing of stainless-steel tubular products in two broad categories — seamless tubes & pipes; and welded tubes & pipes. Under the brand name ‘Venus’, the company supplies its products for applications in diverse sectors including chemicals, engineering, fertilisers, pharmaceuticals, power, food processing, paper and oil and gas. The company is one of the growing stainless-steel pipes and tubes manufacturers and exporters in India

The IPO of Venus Pipes & Tubes will be open for public subscription between May 11 and May 13. The bidding for anchor investors will open on May 10. The public issue comprises the sale of 50.74 lakh equity shares of the company. Its total size will be Rs 165.35 crore. The tentative date for the announcement of share allocation is May 19. The likely date for share listing is May 24. Its shares are proposed to be listed on both NSE and BSE.

An investor can bid for a minimum of one lot and a maximum of 13 lots. A lot will comprise 46 shares of Venus Pipes & Tubes. In terms of the rupee value, an investor can bid for a minimum amount of Rs 14,996 for one lot, while the maximum bid can be made for Rs 1,94,948 for 13 lots.

Proceeds from the public issue will be used for financing the project cost towards capacity expansion and backward integration for manufacturing of hollow pipes, to meet working capital requirements and for general corporate purposes.