By Admin 
Upcoming IPOs February: There is going to be an increase in activity in the Indian primary market once again, because in the week starting from 16th February, a total of three companies are coming with their Initial Public Offering (IPO). Two of these issues are related to the SME segment, while one company is going to enter the mainboard segment. In such a situation, investors will have three opportunities each to invest money. Let us know about them…
1. Yashtej Industries IPO
This IPO will be available for subscription for investors from February 18. Investors can place their bets on the company IPO till 20th February. A price band of Rs 110 per share has been fixed by the company. The lot size of 1200 shares is fixed for application.
Retail investors will have to bid for at least 2400 shares. For which investors will have to make a minimum investment of Rs 2,64,000. The company is going to try to raise a total of Rs 88.88 crore through this issue. Under the issue the company will issue 81 lakh fresh shares.
2. Fractal Industries IPO
Fractal Industries is going to try to raise Rs 49 crore through its issue. 23 lakh shares will be issued fresh under the issue. The subscription window will be open from 16 February to 18 February. The issue opened for anchor investors on February 13 and the company has already raised Rs 13.93 crore from this segment.
Talking about the price band, the price band is fixed between Rs 205 to Rs 216 per share. The lot size is 600 shares. However, retail investors will have to apply for a minimum of 1200 shares. That means investors will have to invest at least Rs 2,59,200.
Condition of shares in gray market
Talking about the company’s performance in the gray market, it is getting positive signals. Currently it is trading at a premium of Rs 4. According to the report of Investors Gain, its highest GMP till date has been recorded at Rs 6 per share. This clearly shows that there is interest in the issue in the market, but the premium is not very high.
3. Gaudium IVF & Women Health IPO
The IPO of Gaudium IVF & Women Health will be open for subscription from February 20 to February 24. The company is going to issue 2.09 crore shares through the issue. In this, 1.14 crore shares will be issued through fresh issue and 95 lakh shares will be issued through offer for sale. The IPO is going to be listed under the mainboard segment.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
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