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New Delhi. The IPOs of 2 companies are going to open today in the Primary Market. These two companies are of SME segment. Let’s know all the details including price band, size and GMP…

1- Swastika Castal IPO
Swastika Company’s IPO size is Rs 14.07 crore. The company will issue 21.64 lakh fresh shares through an IPO. This IPO is opening today i.e. July 21. Investors will have a chance till July 23 to bet on IPOs.

The price band of Swastika Castal IPO is Rs 65 per share. The company has created a lot of 2000 shares. Due to which any retail investor will have to bet at least Rs 2,60,000. Let me tell you, the listing of this IPO is proposed in BSE SME.

Talking about the gray market, the IPO is trading at a premium of zero rupee. According to the report of Investorsgen, the GMP of this IPO remains intact on zero rupees. There has been no improvement in it for the last several days.

2- SAVY INFRA IPO
The price band of the IPO of this company was fixed at Rs 114 to Rs 120 per share. The company created a lot of 1200 shares. A retail investor will have to bet on at least 2 lots size. Due to which retail investors will have to place a bet of at least Rs 2,88000.

The company’s IPO was opened on 21 July. Investors have a chance till July 23 to bet on this IPO. The size of the IPO is Rs 69.98 crore. The company will issue 58.32 lakh fresh shares through IPOs. Let me tell you, the listing of this IPO will be in NSE SME.

According to the report of Investors Gain, this IPO is trading at a premium of Rs 15 in the gray market. If the situation remains the same till the listing, then the company can give 12 percent benefit to investors on the first day. Let me tell you, there has been no change in the company’s GMP for the last 3 days.