Three IPOs will open in the stock market from tomorrow: Glotis-fibtech in October 1 and Om Freight to invest by October 3; Minimum investment ₹ 14,325

Logistics solution company Glotis Limited’s Initial Public Offer (IPO) will open from tomorrow (Monday). Apart from this, the issue of Fabtech Technologies Limited and Om Freight Forwarders Limited will also open for public subscription from September 29.

Glotis wants to raise Rs 307 crore through this issue. For this, the company is issuing 1.24 fresh share of Rs 160 crore. Whereas, the current investors of the company are selling 1.14 shares worth Rs 147 crore through the offer for sale. At the same time, Fabtech Technologies have a plan to raise Rs 230.35 crore from the IPO. For this, the company is issuing 1.21 crore fresh share.

Apart from this, the logistics solution company Om will raise Rs 122.31 crore from the Freight Forwards issue. In IPO, Om Freight Company will issue 18 lakh fresh shares worth Rs 24.44 crore. At the same time, the current investors of Om Freight are selling 73 lakh shares worth Rs 97.88 crore through the offer for sale.

Glotis, Fabtech and Om Freight Prize Band

Glotis has fixed the prize band of the IPO ₹ 120- ₹ 129 per equity shares. At the same time, Fabtech’s prize band is ₹ 181- ₹ 191 and ₹ 128-135 per equity share of Om Freight. Retail investors can invest money in the issue of glottis and fabtech till 1 October. Apart from this, the last day of investing money in Om Freight will be 3 October. The issue of Glotis and Fabtech issue will be held on 7 October. The listing of Om Freight is on 8 October.

If you are also planning to invest money in these three IPOs, then we are also telling you all the details of the issue and how much you can invest in it…

How much money can retail investors be spent minimum and maximum?

Glotis Limited: Retail investors minimum for IPO can apply for a lot ie 114 shares. If you apply for 1 lot of IPO’s Upper Prize Band ₹ 129, then you have to invest ₹ 14,706. At the same time, Retail Investors can do bidding for IPO’s maximum 13 lots i.e. 1,482 shares. For which investors will have to invest maximum ₹ 1,91,178.

Fabtech Technologies: Retail investors can apply for minimum a lot ie 75 shares. If you apply for 1 lot of IPO’s upper prize band ₹ 191, then you have to invest ₹ 14,325. At the same time, Retail Investors can do bidding for IPO’s maximum 13 lots i.e. 975 shares. For which investors will have to invest maximum ₹ 1,86,225.

Om freight forwarders: For this IPO, retail investors can apply for minimum for 111 shares. If you apply for 1 lot of IPO’s upper prize band ₹ 135, then you have to invest ₹ 14,985. At the same time, Retail Investors can do bidding for IPO’s maximum 13 lots i.e. 1,443 shares. For which investors will have to invest maximum ₹ 1,94,805.

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