After a long timeThe stir in the IPO market is going to increase. From next week i.e. from June 23, 12 companies are bringing an IPO (initial public issue) in the primary market to raise Rs 15,800 crore. These 12 IPOs have 5 main board IPOs. On June 24, 3 IPOs will open in the mainboard segment, with Mumbai-based Real Estate Developer Kalpataru plans to raise Rs 1,590 crore through IPO, which is priced at Rs 387-414 per share. At the same time, industrial gas provider Ellenbai is planning to raise Rs 852.53 crore through the first public issue with a price band of Rs 380-400 per share. New Delhi-based EPC company Globe Civil Projects have targeted to raise Rs 119 crore through a public offer at the upper end of the price band of Rs 67-71 per share. On June 24, these three IPOs will be closed on 26 June.
HDB Financial IPO will also open
HDFC Bank’s subsidiary HDB Financial Services IPO will open for membership on 25 June and will close on 27 June. The company’s IPO size is Rs 12,500 crore. The company has fixed the price band at Rs 700-740 per share for IPOs. Electric resistance welded steel pipes and structural tube-making companies are also going to open an IPO of possible steel tubes on June 25, with a price band of Rs 77-82 per share.
IPO floods in SME segment also
A total of 7 IPOs will be launched in the SME segment IPO next week, of which AJC Jewel Manufacturers are the first public issue, priced at Rs 14.59 crore. It will open during June 23-26, whose price band is Rs 90-95 per share. On June 24, three IPOs Shri Hare-Krishna Sponge Iron, Icon Facilitators and Abram Foods will open. They will be open for subscription till 26 June.
These IPOs will also come
Santech Infra Solutions will be the next IPO, which will cost Rs 42.16 crore, which will come on Dalal Street for three days on June 25, after which Ace Alpha Tech’s IPO of Rs 47.15 crore and Pro FX Tech’s first public issue of Rs 38.21 crore will come on 26 June. In addition to the new launch in the SME segment, three IPOs – Safe Enterprises Retail Fixators, Maysheel Ventures and Size Medical Technologies – will be open for subscription till 24 June next week. These offers were opened on 20 June.
8 IPO will be listing in market
A total of 8 companies will be listed in the market next week, which includes 1 company in the mainboard segment ie Eryxinfra Solutions. At the same time, there will be 7 SME companies.
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