By Admin 
Upcoming IPOS: In the week starting from June 23, the IPO market is going to increase the movement as not one or two, but the entire 12 companies are going to knock in the IPO market. Their goal is to raise Rs 15,800 crore. Of these, 5 IPOs will open in the mainboard segment and 7 IPOs will be launched in the SME segment.
Of these, discussions about HBD Financial Services are in full swing, which is going to launch the biggest IPO of the year. Through this issue, the company aims to raise Rs 12,500 crore. Along with this, companies like Globe Civil Projects, Ellenbary Industrial Gases, Kalpataru and Sambhav Steel Tubes are also in the market with their public issue.
HBD Financial Services
Investors will be able to bid till June 27 for the IPO of HBD Financial Services. In this, the price band of Rs 700 to Rs 740 per share has been fixed with the minimum lot of 20 shares. This is a mixed issue, in which a new equity of Rs 2,500 crore (3.38 crore shares) will be raised and the shares worth Rs 10,000 crore (13.51 crore shares) will be sold under the offer-for SAIL (OFS) window.
Kalpataru iPo
The IPO of Mumbai -based real estate company Kalpataru Limited is being launched on June 24. Through this, the company aims to raise Rs 1,590 crore. This is a fresh issue of 3.84 crore equity stocks completely. The price band for IPO has been kept at Rs 387-414.
Sambhv steel tubes iPo
The IPO of possible steel tubes is being launched on 25 June. This issue will be closed on 27 June. The price band for this has been fixed at Rs 77-82. Through this IPO, the company wants to raise Rs 540 crore. In this, shares worth Rs 5.37 crore will be issued through fresh issue and 1.22 crore shares will be sold under Offer-for Sale (OFS). The IPO’s lot size is of 182 shares. For this, retail investors will have to invest at least Rs 14,924.
Ellenbarrie Industrial Gases IPO
The IPO of EllenBary Industrial Gasses is opening on June 24. The issue of the issue will be on 26 June. Through this IPO, the company wants to raise Rs 852.53 crore. The price band for IPO has been fixed at Rs 380 to Rs 400 per share. In this, 11.3 million shares will be released through OFS with a fresh issue of 400 crores.
Globe Civil Projects IPO
The IPO of Globe Civil Projects will openly closed on June 26. The price band per share for IPO has been fixed at Rs 67-71. The company’s plan is to raise Rs 119 crore through this IPO. The lot size for this IPO is 211 shares. For this, retail investors will have to invest Rs 14,981 according to the upper price band.
IPO opening in SME segment
Seven new IPOs will be launched in the SME segment between 24-27 June. These include companies like AJC Jewel Manufacturers, Abram Food, Icon Facilitators, Sri Hare-Krishna Sponge Iron, Santek Infra Solutions, Ace Alpha Tech and ProfX Tech. Along with this, a total of 8 companies are to be listed next week, which will have 7 SME companies along with 1 company in the mainboard segment Eryxinfra Solutions.
Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)
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