IPO Corner: 4 IPOs to hit market this week - May raise Rs 4100-Rs 4300 cr | What investors should know

Zee Business Senior News anchor, Neha Anand in the show IPO Corner spoke to Varun Dubey, Senior Research Analyst at Zee Business to understand the key details of 4 IPOs that are landing in the market this week. Explaining the key details, Varun Dubey said, “These 4 IPOs will raise Rs 4100-4300 crore from the market.”

Here is the full list of 4 IPOs going to hit market this week:-

1- Rate Gain IPO

Varun Dubey said, “This company’s IPO will open on 7th Dec and the closing date is 9th December. The IPO size will be around Rs 1336 crore.” He further added, “This Company serves software-as-a-service (SaaS) to the Travel and hospitality industries in India.”

2- Shriram Properties IPO

Dubey mentioned Shriram Properties as the second IPO that is hitting the market this week. He said, “The size of the IPO will be nearly Rs. 600 crores.  He further said, “This company’s IPO will enter the market on 8th December and the closing date is 10th December. He then added, “This company deals in the business of residential real estate development in South India.”

3- C.E. Info Systems Ltd. IPO

After these two, Varun mentioned C.E. Info Systems Ltd. as the third IPO for this week. He said “The IPO size of this company will be Rs. 1200 crores (approx.).  He then added, “Company’s IPO will hit the market on 9th December and the closing date is 13th December.”

4- Metro Brands IPO

Moreover, Varun Dubey mentioned Metro Brands as the fourth IPO that will hit the market this week. He said, “This company’s IPO will be landing in the market on 10 December and the closing date is 14 December. The IPO size will be in between Rs  1000-1200 crore range.” He then added, “This company is in the Retail Footwear business, hence footwear stocks should be on your radar.”

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— Zee Business (@ZeeBusiness) December 6, 2021