IPO on 4th August: It’s raining public issues! KRSNAA Diagnostics, Windlas Biotech, Devyani International, Exxaro Tiles open tomorrow – Price Band, lot size, discounts – ALL DETAILS HERE

IPO WATCH – 4 issues open on Wednesday – Lots of action in the primary markets as four Initial Public Offerings (IPO) open on Wednesday – 4 July. The companies that will be launching their public issues are Devyani International Limited, Krsnaa Diagnostics Limited, Windlas Biotech Limited, Exxaro Tiles Limited. From price band to lot size to maximum and minimum subscription amounts, get full details of each IPO here! 

KRSNAA Diagnostics Limited IPO –   

1. Security Type – Equity  
2. Symbol KRSNAA  
3. Issue Period - 4 August 2021 to 6 August 2021  
4. IPO Market Timings between 10 am and 5 pm  
5. Post Issue Modification 9 August 2021  
6. Post Issue Modification on 9 August 2021 between 10 am and 11 am  
7. Cut-off time for UPI Mandate Confirmation - 9 August 2021 up to 12 pm)  
8. Issue Size – Number of shares - 12,836,498  
9. Price Band – Rs 933- Rs 954  
10. Face Value – 5  
11. Ticket Size – 1  
12. Market Lot – 15  
13. Minimum Bid Quantity – 15  
14. Maximum Bid Quantity for Qualified Institutional Investors – 12,598,395  
15. Maximum Bid Quantity for Non-Institutional Investors    3,149,595  
16. The Book Running Lending Managers (BRLM) are JM Financial Limited, DAM Capital Advisors Limited, Equirus Capital Private Limited and IIFL Securities Ltd. The sponsor bank is ICICI Bank Limited.  
17. The registrar for KRSNAA Diagnostics Limited IPO KFin Technologies Private Limited.  

Windlas Biotech Limited IPO - See Key Details Here: 

1. Symbol WINDLAS 
2. Issue Period – 4 August 2021 to 6 August 2021 
3. Post issue Modification Period - 9 August 2021 between 10 am and 11 am 
4. Cut-off time for UPI Mandate Confirmation – 9 August 2021 up to 12 pm 
5. Issue Size - Initial Public Offer comprising a Fresh Issue of up to Rs 165 cr and an Offer for Sale (OFS) of up to 5.14 million equity shares 
6. Issue Type – 100 per cent Book Building 
7. Price Range - Rs 448 to Rs 460 
8. Face Value - Rs 5 
9. Tick Size - Re 1 
10. Bid Lot  30 Equity Shares and in multiples thereof 
11. Minimum Order Quantity - 30 Equity Shares 
12. Maximum Subscription Amount for Retail Investor - Rs 200,000 
13. IPO Market Timings – 10 am to 5 pm 

Devyani International Limited IPO - See Key Details Here: 

1. Symbol - DEVYANI 
2. Issue Period - 4 August 2021 to 6 August 2021 
3. Post issue Modification Period - 9 August 2021 between 10 am and 11 am 
4. Cut-off time for UPI Mandate Confirmation - 9 August 2021 up to 12 pm 
5. Issue Type - 100 per cent Book Building 
6. Price Range - Rs 86 to Rs 90 
7. Face Value - Re 1 
8. Tick Size - Re 1 
9. Bid Lot            165 Equity Shares and in multiples thereof 
10. Minimum Order Quantity - 165 Equity Shares 
11. Maximum Subscription Amount for Retail Investor -Rs 200,000 
12. Maximum Subscription Amount for Eligible Employee - Rs 500,000 
13. IPO Market Timings - between 10 am to 5 pm 

Global Coordinators and Book Running Lead Managers (BRLMs) include Kotak Mahindra Capital Company Limited, CLSA India Private Limited and Edelweiss Financial Services Limited. The BRLM are Motilal Oswal Investment Advisors Limited while the sponsor bank is Axis Bank Limited. Name of the Registrar is Link Intime India Private Limited  

The IPO comprises of a fresh issue of up to Rs 440 cr and an Offer for Sale (OFS) of up to 155,333,330 equity shares. 

The Book Running Lead Managers (BRLM) are SBI Capital Markets Limited, DAM Capital Advisors Limited, IIFL Securities Limited. The sponsor bank is HDFC Bank Limited. The issue is open for these categories of investors - FI, IC, MF, FII, OTH, CO, IND and NOH. 

The name of the registrar is Link Intime India Private Limited. 

Exxaro Tiles Limited IPO - Key details here:   

1. Symbol - EXXARO 
2. Issue Period - 4 August 2021 to 6 August 2021 
3. Post issue Modification Period - 9 August 2021 between 10 am and 11 am 
4. Cut-off time for UPI Mandate Confirmation - 9 August 2021 up to 12 pm 
5. Issue Type -100 per cent Book Building 
6. Price Range - Rs 118 to Rs 120 
7. Discount - Rs 12 per share for Eligible Employee Category 
8. Face Value - Rs 10 
9. Tick Size - Re 1 
10. Bid Lot  - 125 Equity Shares and in multiples thereof 
11. Minimum Order Quantity - 125 Equity Shares 
12. Maximum Subscription Amount for Retail Investor  Rs 200,000 
13. Maximum Subscription Amount for Eligible Employee Rs 500,000 
14. IPO Market Timings - 10 am to 5 pm 

The issue size comprises of 13,424,000 equity shares with a fresh issue of up to 11,186,000 Equity Shares and an Offer for Sale (OFS) of up to 2,238,000 equity shares. 

The Book Running Lead Managers (BRLM) is Pantomath Capital Advisors Private Limited while the sponsor bank is Axis Bank Limited. The name of the Registrar is Link Intime India Private Ltd.