If you have made up your mind to invest in the stock market, then keep some money in your wallet. Next week you can get a good chance to earn in short term. The reason for this is that two IPOs worth a total of Rs 2,000 crore are going to open.
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The year 2022 is about to end and on the go you will earn well in the stock market. (Last IPO in 2022) Has come with the opportunity to do so. Two big IPOs next week (Upcoming IPO Next Week) Hitting the market. You should also keep some money safe in your wallet, because it can give you good income in the short term.
coming first next week KFin Technologies IPO and launch next day Elin Electronics IPONow what are all the details related to them and how much is expected of earning? Read this news till the end for complete information…
How is the IPO of KFin Tech?
The IPO of KFin Tech will open on December 19 and close on December 21. The company has invited bids for 4,09,83,607 shares of face value of Rs 10 each. Means KFin Tech’s IPO Size 1500 crores is of Rs. The share price for the IPO has been kept between Rs 347 to Rs 366.
How big is the Elin Electronics IPO?
The IPO of Elin Electronics will open on 20 December and close on 22 December. This IPO of the company is worth Rs 475 crore. In this, the company will issue shares of Rs 5 face value. Whereas for this share price band (Share Price Band) 234 to 247 per share has been kept.
Who does what work?
Kefin Technologies is a fintech solutions company formed in 2017. At present, it is one of the largest investor solution provider in India which provides its services to Mutual Funds. On the other hand, Elin Electronics is working in the Indian market since 1969. It manufactures high horsepower motors, lighting, fans and accessories related to kitchen appliances.
Which IPO will earn good money?
Now if we talk about the income from investing in IPO, then we have to see the GMP of the shares of both the companies. The estimate regarding the listing of Keffin Technology’s share in the gray market is Rs 374. That is, just Rs 8 more than its IPO price of Rs 366.
On the other hand, the stock of Allin Electronics is expected to be listed at Rs.289. This is Rs 42 more than its IPO price of Rs 247. If these estimates are to be believed then Allin Electronics IPO can earn more in the short term.
Although this estimate is according to the GMP trend. NewsNCR group has nothing to do with it. We advise you to invest in stock markets at your own discretion and must consult an expert.
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