00:00Stop scrolling, there's a fresh IPO on the block.
00:02Katex Fabrics just hit the NSC SME platform.
00:05Let's break down the key numbers, fast.
00:08The IPO runs from 29th to the 31st of July, with shares priced RS-171 to RS-1-80 each.
00:14Minimum lot? 800 shares, so you'll need about RS-144 locked to apply.
00:19Day 1 GMP is RS-32, potential gains of 18%.
00:22The company's a Punjab-based textile player, showing strong profits and growth.
00:27But watch for high regional dependence and working capital needs.
00:30Fancy a punt? Do your research before you jump in.
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