Cello World, Honasa Consumer & 5 other IPOs to hit the primary market this week; Check details

IPOs this week: Even as the Indian benchmarks were down lost over 2.50 per cent each in the last five trading days, seven initial public offerings (IPOs) are set to hit the primary market in the coming week, October 30 to November 3. Both Sensex and Nifty have tanked 6 per cent from their respective record highs. Following are the IPOs that will be open for subscription during the week ahead.

Cello World Limited

Cello World Limited deals with stationary, molded furniture and consumer housewares. The IPO of Cello World is a book-built issue of Rs 1,900 crores. The issue is entirely an offer for sale of 2.93 crore shares. The IPO opens for subscription on  October 30, 2023 and closes on November 1, 2023. The IPO allotment is expected to be finalised on Monday, November 6, 2023. The company will list on BSE, NSE, tentatively on Thursday, November 9, 2023.

The price band of the IPO is set at Rs 617 to Rs 648 per share. The minimum lot size for an application is 23 shares.

Honasa Consumer Limited

Honasa Consumer Limited, the parent company of Mamaearth, provides beauty and personal products through its digital platforms. The public offer is a book built issue of Rs 1,701 crores. The issue comprises of fresh issue of Rs 365 crore and offer for sale of 4.12 crore shares.

Honasa Consumer IPO opens for subscription on October 31, 2023 and closes on November 2, 2023. The allotment of the IPO is expected to be finalised on Tuesday, November 7, 2023. Honasa Consumer Limited will be listed on BSE, NSE with tentatively on Friday, November 10, 2023.

The price band of Honasa Consumer IPO is set at Rs 308 to Rs 324 per share. The minimum lot size for an application is 46 shares. The minimum amount of investment required by retail investors is Rs 14,904.

Transteel Seating Technologies

Transteel Seating Technologies is a furniture company with over 20 years of experience in corporate and B2B sectors. Transteel Seating IPO is a book built issue of Rs 49.98 crores. The issue is a combination of fresh issue of 67.84 lakh shares aggregating to Rs 47.49 crores and offer for sale of 3.56 lakh shares aggregating to Rs 2.49 crores.

The issue opens for subscription on October 30, 2023 and closes on November 1, 2023. Transteel Seating Technologies IPO allotment is expected to be finalised on Monday, November 6, 2023. The IPO will list on NSE SME tentatively on Thursday, November 9, 2023.

The price band of Transteel Seating Technologies IPO Rs 67 to Rs 70 per share. The minimum lot size for an application is 2,000 shares.

Vrundavan Plantation

Vrundavan Plantation is engaged in the nursery business. The public offer is a fixed price issue of Rs 15.29 crores, and it is entirely a fresh issue of 14.16 lakh shares.

Vrundavan Plantation IPO opens for subscription on October 30, 2023 and closes on November 1, 2023. The IPO allotment is expected to be finalised on Monday, November 6, 2023. Vrundavan Plantation IPO will be listed on BSE SME tentatively on Thursday, November 9, 2023.

The IPO price is set at Rs 108 per share. The minimum lot size for an application is 1200 shares.

Mish Designs

Mish Designs is engaged in processing fabrics into garments under the brand names “MISH”, “CURVE BY MISH” in India. The public offer is a fixed price issue of Rs 9.76 crores. The issue is entirely a fresh issue of 8 lakh shares.

Mish Designs IPO opens for subscription on October 31, 2023 and closes on November 2, 2023. The IPO allotment is expected to be finalized on Tuesday, November 7, 2023. Mish Designs IPO will list on BSE SME tentatively on Friday, November 10, 2023.

The price of Mish Designs IPO is Rs 122 per share. The minimum lot size for an application is 1000 shares.

SAR Televenture

SAR Televenture provides telecommunication solutions to Telecom Network Operators. The public offer is a book-built issue of Rs 24.75 crores. The issue is entirely a fresh issue of 45 lakh shares.

SAR Televenture IPO opens for subscription on November 1, 2023 and closes on November 3, 2023. The IPO allotment is expected to be finalised on Monday, November 6, 2023. SAR Televenture IPO will be listed on NSE SME tentatively on Wednesday, November 8, 2023.

The IPO's price band is set at Rs 52 to Rs 55 per share and the minimum lot size for an application is 2000 shares.

Baba Food Processing

Baba Food Processing is an agro-food manufacturing company. The public offer is a book-built issue of Rs 33 crores. The issue is entirely a fresh issue.

Baba Food Processing IPO opens for subscription on November 3, 2023 and closes on November 7, 2023. The IPO allotment is expected to be finalised on Friday, November 10, 2023 and the company will be listed on NSE SME tentatively on Thursday, November 16, 2023.

The price band of Baba Food Processing is set at Rs 72 to Rs 76 per share, and the minimum lot size for an application is 1600 shares.