By Admin 
Upcoming IPOS: The next week in the stock market is going to be very busy for the primary market investors. In the week starting on Monday, 11 August, 4 companies are coming with their IPO. Two of these are mainboard issues and two SME IPOs. That is, there will be a lot of movement in both segments. Let’s take a look at this list of IPO-
Mainboard segment
Bluestone Jewelery IPO
The IPO of Bangalore based retailer brand Bluestone Jewelery and Lifestyle will open on August 11 for subscription. Investors will be able to bid till Wednesday, August 13. The company aims to raise Rs 1,540.65 crore through IPO. Of these, a fresh issue of Rs 820 crore and Rs 720.65 crore will be collected through an offer for sale.
The price band for IPO has been fixed between Rs 492 to Rs 517 per share. Investors will have to bid in a lot of 29 shares. Axis Capital, Kotak Mahindra Capital Company and IIFL Capital are managing this issue. The list of shares is expected to be done by August 19. In the gray market, it is trading at a premium of Rs 16.
Regal Resources IPO
The second mainboard offer is from Regal Resources. It is an agro-based company that makes starch products. The size of the issue is Rs 306 crore. The IPO will be open from August 12 to August 14. For this, the price band is between Rs 96 to Rs 102 per share.
The company has created a lot of 144 shares. This includes a fresh issue of Rs 210 crore and an offer for sale of Rs 96 crore. Listing is expected on 20 August. Pantometry Capital Advisors and Sumedha Fiscal Services are its lead managers. Its gray market premium is Rs 22.
Sme segment
Ecodex publishing solutions
The IPO of Ekodex publishing solutions is opening since August 11. By August 13, investors will be able to bet on this. Its price band is between Rs 98 and Rs 102. The company wants to raise Rs 42.03 crore through the IPO, some part of which is for buying new office space and hardware and some part working capital. Its listing on BSE SME platform is scheduled on 19 August. This IPO is trading at a premium of Rs 2 in the gray market today.
Mahendra Realter and Infrastructure
The second SME IPO Mahendra Realters and Infrastructure will open on August 12. The issue will be closed on 14 August. The size of the IPO is Rs 49.45 crore. Its price is between Rs 75 and Rs 85. Its listing on the NSE SME platform is expected on August 20. The GMP of IPO is Rs 6. The amount raised from the IPO will help in meeting working capital requirements and general corporate expenses.
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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