Upcoming IPO: There is good news for investors waiting to invest in Initial Public Offering (IPO). Five new public issues are going to be launched next week. There will be one mainboard and four SME IPOs.
Lakshmi Dental’s IPO in the mainboard category is opening on January 13 and common investors can bid for it till January 15. The price band of this IPO has been fixed from Rs 407 per share to Rs 428 per share.
The issue size of this IPO will be Rs 698.1 crore. Rupee. 138 crore fresh issue and Rs. An offer for sale worth Rs 560.1 crore has been made. It may be allotted on January 16 and listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on January 20.
Apart from this, four SME IPOs are also being opened.
EMA Partners IPO to open on January 17
The IPO of EMA Partners India Limited will open for subscription on January 17 and close on January 21 with a price band of Rs. 117 to Rs. 124 per share. This issue has Rs. 66.14 crore fresh issue and Rs. 9.87 crore including OFS.
The public issue of Land Immigration Consultants Limited will open on January 16 and close on January 20. Its price band is Rs 70 to Rs 72 per share. This IPO is a completely fresh issue, with a target of Rs. Rs 40.32 crore is to be recovered.
Richhow Securities Limited will also launch its IPO on January 15, which will close on January 17. Rupee. The issue of Rs 88.82 crore includes fresh issue and OFS. Its price band has been fixed at Rs 82 to Rs 86 per share.
The IPO of Kabra Jewels Limited will open on January 15 and close on January 17. The price range for this IPO has been fixed at Rs 121 to Rs 128 per share. The issue size is Rs 40 crore.
Eight IPOs will be listed
Apart from this, eight IPOs will be listed in the coming week. The listing of Standard Glass Lining Technology Limited will take place on January 13. On January 14, Quadrant Future Tech Ltd and Capital Infra Trust InvIT will be listed on both NSE and BSE.
At the same time, listing of five SME companies will also take place between January 13 and January 17. These include Indobel Insulation, Avex Apparels and Ornaments, BR Goyal Infrastructure, Delta AutoCorp and Sat Kartar Shopping.
