Upcoming IPOs: Astonea Labs & Nikita Papers – Opening May 27.

Two new companies are launching their IPOs next week. Here's a quick and simple guide to help you understand: Astonea Labs IPO: • Industry: Pharma & Cosmetics • Location: Haryana • IPO Dates: May 27 – May 29 • Price Band: ₹128 – ₹135 per share • IPO Size: ₹37.67 crore (27.9 lakh shares – fresh issue) • Listing: NSE Emerge on June 3 Use of Funds: • Register products in Bolivia • Set up machinery for ointment production (for export) • Marketing, advertising, software & hardware • Working capital Products: Antibiotics, diabetes, heart, gynecology, cold & allergy medicines, and more. Lead Manager: Oneview Corporate Advisors Nikita Papers IPO: • Industry: Paper Products • Location: Uttar Pradesh • IPO Dates: May 27 – May 29 • Price Band: ₹95 – ₹104 per share • IPO Size: ₹67.54 crore (64.94 lakh shares – fresh issue) • Listing: NSE Emerge on June 3 Use of Funds: • Build a power plant • Meet working capital needs • Corporate expenses & issue costs Lead Manager: Fast Track Finsec Key Dates: • Anchor Investment Opens: May 26 • IPO Allotment Finalized: May 30 • Shares Start Trading: June 3 What is NSE Emerge? It’s a platform for small & medium enterprises (SMEs) to get listed and raise funds. These are SME IPOs. They can be riskier but also offer growth potential. Always do your own research or consult a financial advisor before investing.