Kolkata: There were no mainboard IPOs last week, ie, the week preceding the Union Budget. There is no mainboard issue on Dalal Street this week either. However, there are four SME public issues this week and as many as three of them will open their bidding process tomorrow, ie, Feb 4. They are Grover Jewells IPO, NFP Sampoorna Foods IPO and Brandman Retail IPO.

Grover Jewells is engaged in the manufacture of a wide range of wholesale gold jewellery such as plain gold, studded, and semi-finished jewellery.These are available in 22 carat, 20 carat and 18 carat. It sells through its two showrooms located at Karol Bagh and Chandni Chowk in the city of Delhi. NFP Sampoorna Foods was set up in 2019 and it processes and distributes premium dry fruits, especially cashew nuts after importing it from Africa. Brandman Retail was set up in 2021 and it is in the business of distributing international sports and lifestyle brands. It operates through distribution, licensing, retail and e-commerce and has exclusive brand outlets in cities Ahmedabad, Ambala, Dehradun, New Delhi, Jalandhar, Bathinda, Gurugram, Lucknow and Noida.

Grover Jewells IPO

Sector: Designing and manufacturing of a wide range of wholesale gold jewellery
IPO size: Rs 34 crore
Bid opens: Feb 4
Bid closes: Feb 6
Price band: Rs 83-88
Minimum lot size: 1,600 shares
Allotment date: Feb 9
Refund date: Feb 10
Listing date: Feb 11
Lead manager: Finshore Management Services
Registrar: Maashitla Securities

NFP Sampoorna Foods IPO

Sector: Processing and distributing premium dry fruits, particularly cashew nuts
IPO size: Rs 24.53 crores
Bid opens: Feb 4
Bid closes: Feb 6
Price band: Rs 52-55
Minimum lot size: 2,000 shares
Allotment date: Feb 9
Refund date: Feb 10
Listing date: Feb 11
Lead manager: 3Dimension Capital Services
Registrar: Skyline Financial Services

Brandman Retail IPO

Sector: Distributes international sports and lifestyle brands
IPO size: Rs 86.09 crore
Bid opens: Feb 4
Bid closes: Feb 6
Price band: Rs 167-176
Minimum lot size: 800 shares
Allotment date: Feb 9
Refund date: Feb 10
Listing date: Feb 11
Lead manager: Gretex Corporate Services
Registrar: Bigshare Services

(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, precious metals, commodity, REITs, InvITs and any form of alternative investment instruments and crypto assets.)