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The next week is going to be very important for those investing in the stock market. There is a lot of activity in the primary market and many new earning opportunities are ready to knock at the doors of investors. If you are also planning to get great returns by investing money in the Initial Public Offering (IPO) of a good company, then there are huge options available in the market. IPOs of a total of seven companies are going to hit the stock market next week. Of these, four are from the SME segment, while three are mainboard category IPOs. The status of gray market premium (GMP) and price band of all these companies is different. Let us understand which IPO can fit in your budget and which one has so much earning potential.

Cheapest Options to Bet

First of all, let us talk about those companies, whose share prices have been fixed relatively low. Tipco Engineering India's SME IPO is opening for investment on Monday, March 23 and money can be invested till March 25. The company has kept the price range of its one share between Rs 84 to Rs 89. However, being an SME, the lot size is larger and you will have to bid for at least 1600 shares. At present its premium in the gray market is at zero (0).

At the same time, the SME IPO of Highness Microelectronics is also opening on Tuesday, March 24, which will be available for subscription till March 27. Its price band is Rs 114 to 120 and 1200 shares will be available in one lot. The special thing is that this company is currently trading at a premium of Rs 13 in the gray market, which raises slight hopes of listing gain.

Mainboard's powerful players

For investors who are more interested in mainboard IPOs rather than SMEs, three big options are going to open between March 24 and March 27. These include Sai Parenteral, Amir Chand Jagdish Kumar Exports and Powerica.

The price band for Sai Parenteral has been fixed at Rs 372 to Rs 392 per share and one lot will have 38 shares. At present its GMP is zero. On the other hand, shares of Amir Chand Jagdish Kumar Exports will be available in the range of Rs 201 to Rs 212, with one lot of 70 shares. Its GMP is currently running at Rs 6. The price band of Powerika IPO opening in the same period is between Rs 375 to Rs 395. The GMP of this IPO with lot size of 37 shares also remains at Rs 6. Mainboard IPOs have more liquidity, so retail investors often feel safe in them.

These SME companies are also in the queue

Apart from all this, two more SME IPOs are preparing to hit the market next week. The IPO of Vivid Electromech will open on March 25 and close on March 30. The company has kept the price of its shares at Rs 528 to Rs 555 and its lot size is 240 shares. At present, clear information about its GMP has not been revealed. At the same time, the IPO of Emiac Technologies will open on March 27 and investors will be able to apply till April 8. However, this company has not yet officially announced its price band and lot size.