By Admin 
Upcoming IPOs this week in India: IPOs are going to come in the Indian stock market this trading week. This week, 5 new companies are launching their Initial Public Offering (IPO) in the stock market. Talking about the month of October only, till now a total of 10 companies have launched their IPO in the stock market. Among these companies, there were 7 mainboard segment companies.
These 10 companies have raised Rs 35,791 crore from the market through IPO. In which mainly big companies like Tata Capital and LG Electronics were also included. Tata Capital raised a total of Rs 15,512 crore and LG Electronics raised Rs 11,607 crore from the market. Experts believe that, if the amount raised from the IPO of the upcoming 5 new companies is added, then this amount will cross the figure of Rs 45,000 crore.
Which companies are bringing IPO?
1. This week, well-known company Orcla India is bringing its IPO. The company will raise Rs 1,667.5 crore through IPO. The company’s IPO will be open for subscription between October 29 and 31. The company has fixed the price band per share at Rs 695 to Rs 730. Company IPOs are completely offer for sale. That is, the money raised by the company will not be spent in the development of the company, but will completely go to its shareholders.
2. The next IPO is of famous helmet manufacturing company Studs Accessories. The company’s IPO will be open for subscription from October 30 to November 3. The IPO of this company is also completely offer for sale. Through which promoters and shareholders will sell a total of 77.86 lakh shares.
3. Apart from this, logistics solutions company Jayesh Logistics is bringing its IPO. Which will be open from 27th to 29th October. The company will try to raise Rs 28.63 crore from its IPO. The share price band has been fixed at Rs 116 to Rs 122. The IPO of game changer TexFab will open from 28th to 30th October.
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