IPO rush: 5 companies to raise Rs 5,499 crore next week; Shiprocket, 4 others to list

India’s major market, which has already seen 42 mainline firms increase Rs 54,378 crore by preliminary public choices (IPOs), is about for one more busy week, with 5 firms scheduled to launch their public points between August 17 and August 21, in search of to lift a mixed Rs 5,499.32 crore.

Amongst them, Horizon Industrial Parks alone accounts for practically 47% of the overall fundraising deliberate by the 5 IPOs. Lalithaa Jewelry Mart is the second-largest concern, whereas the remaining three choices collectively account for round Rs 1,199.32 crore.

The fundraising will start on Monday, August 17, with Horizon Industrial Parks and Lalithaa Jewelry Mart opening their IPOs. Horizon is seeking to increase Rs 2,600 crore, whereas Lalithaa Jewelry Mart is focusing on Rs 1,700 crore. Each points will stay open till August 19.

Horizon Industrial Parks has set a value band of Rs 57-60 per share, whereas Lalithaa Jewelry Mart has fastened its value band at Rs 190-201 per share. Each firms are scheduled to checklist on the BSE and NSE.

Shankesh Jewellers, Sunshine Photos to open on August 18

Shankesh Jewellers and Sunshine Photos will open their points on August 18. Shankesh Jewellers is in search of to lift Rs 367.18 crore, with a value band of Rs 88-93 per share, whereas Sunshine Photos plans to lift Rs 282.14 crore, with its value band set at Rs 342-360 per share. Each points will stay open for subscription till August 20 and are scheduled to checklist on the BSE and NSE.

The week’s remaining IPO shall be Gaja Different Asset Administration, which can open for subscription on August 19 and shut on August 21. The corporate is seeking to increase Rs 550 crore by the difficulty, with a value band of Rs 152-160 per share. Its shares are scheduled to checklist on the BSE and NSE.

5 listings lined up subsequent week, Shiprocket in focus

Whereas 5 firms are set to faucet the first market, shares of 5 firms which have already accomplished their IPOs are scheduled to make their stock-market debut subsequent week. Collectively, these firms raised Rs 7,478.69 crore by their public points.

Dhoot Transmission, which raised Rs 3,066.89 crore, and Molbio Diagnostics, which raised Rs 939.70 crore, are scheduled to checklist on August 17.

Milky Mist Dairy Meals, which raised Rs 1,553 crore, is scheduled to checklist on August 18.

Shares of Shiprocket and Behari Lal Engineering are scheduled to make their stock-market debut on August 19. Shiprocket raised Rs 1,617.48 crore, whereas Behari Lal Engineering raised Rs 301.62 crore.