The four initial public offerings — Devyani International Krsnaa Diagnostic, Windlas Biotech, and Exxaro Tiles — are all set to make a market debut on Monday. In this regard, Zee Business Managing Editor and the market guru Anil Singhvi expects a bumper listing for all these IPOs today.

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These IPOs opened on August 4, 2021 and closed on August 6, 2021.

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For Devyani International, Singhvi expects the shares to be listed in Rs 140-160 per share range and suggests short-term investors keep a stoploss of Rs 125 per share and long-term investors should HOLD it for a target of Rs 175-200 per share.

The IPO was subscribed 116 times over the three-day period.The company operates quick-service restaurants like Costa Coffee, KFC and Pizza Hut and has planned to raise Rs 1838 crore through this issue with a price range of Rs 86 to 90 per share.

Similarly, Krsnaa Diagnostics is expected to list in Rs 1150-1200 per share range, says the managing editor, adding further that the short-term Investors should keep stoploss of Rs 1075 per share and long-term investors must HOLD it for bumper returns.

The IPO was subscribed 64.4 times over the three-day period. The company to raise over Rs 1213 crore through this IPO and price range was set between Rs 933- 954 per share.

The market guru mentions that Windlas Biotech would get listed in a range of Rs 500-550 per share and recommends to keep a stoploss of issue price Rs 460 per share.

The IPO was subscribed 24.34 times over the three-day period. The company aims to raise Rs 401.53-crore through offer, which had a price range of Rs 448-460 per share.

And for Exxaro Tiles, Singhvi says the shares of these tile manufacturing company shall be listed near issue price and also advices to keep a stoploss of issue price Rs 120 per share. He adds, the listing will be in the T2T segment since the issue size less than Rs 250 crores.

The initial public offer of Exxaro Tiles was subscribed 22.68 times times on August 6, 2021. The company aims to raise Rs 161 crore through this offer and had set a price range of Rs 118 to 120 per share.