Parth Electricals IPO opened on August 4 to raise ₹49.7 crore via 29.25 lakh shares priced at ₹160–₹170.
The IPO saw strong interest as GMP touched ₹22, signaling possible listing near ₹192 with ~13% gain.
BLT Logistics also launched its IPO to raise ₹9.72 crore from 12.96 lakh shares in ₹71–₹75 price ran
ge.
BLT's grey market premium of ₹16–₹18 hints at a potential listing gain of 20–24% above issue price.
Bhadora Industries, a cable brand under “Vidhut,” launched a ₹55.62 crore IPO at ₹97–₹103 per share
.
Bhadora’s GMP is only ₹1, suggesting low listing premium or muted market response at this stage.
All three IPOs will close on August 6 and may list by August 11–12 on SME exchanges.
Parth specializes in MV switchgear, BLT in logistics & warehousing, while Bhadora se
lls industrial cables.
Minimum retail application size for each IPO is 2 lots, ranging from ₹2.4 to ₹3.4 lakh.
Experts advise checking fundamentals, growth history, and promoter background before ap
plying.