Opportunity to invest in IPO, IPOs of these companies are going to open next week

There is good news for investors waiting for an IPO in the stock market. IPOs of three SME IPOs Infollion Research Services Ltd, CFF Fluid Control Ltd, and Comrade Appliances Ltd are scheduled to open next week.

SME IPO is a platform for small and medium-sized companies to raise money. Companies raising money through this route are listed on the BSE SME and NSE Emerge platforms.

Infolion Research Services Limited SME IPO will be open to the general public from May 29 to May 31. The issue price of the IPO has been fixed at Rs 80 and Rs 82 per share. 22,24,000 fresh equity shares will be issued in the IPO, of which 3,92,000 equity shares are OFS. A separate quota has been fixed for QIP, retail investors, and NII in this IPO.

CFF Fluid Control Limited is an SME IPO. It will be open to the public from May 30 to June 2. Its price has been fixed at Rs 165 per share. The size of this IPO has been fixed at Rs 85.80 crore, it is a completely fresh issue.

Comrade Appliances Limited is an SME IPO. This IPO will be open to the general public from May 31 to June 5. The price band of SME IPO has been fixed from Rs 52 to Rs 54. The size of this IPO is Rs 12.30 crore. Its listing will be on BSE SME.

The money raised by the company through the SME IPO will be used to meet working capital requirements and for general purposes.