IPO Watch - Rs 8000 cr to be raised from these 4 public issues next week - Shyam Metalics, Sona BLW, Dodla Dairy, KIMS Hospital; Here are FULL DETAILS
The year 2021 has thrown up a big opportunity for the stock market enthusiasts to earn handsome gains from the primary markets. This is one of the most promising year for the IPO as an estimated Rs 2 lakh cr are to be raised from the markets. Zee Business Senior Research Analyst Varun Dubey has this exclusive report on this. Take a look!
The year 2021 has thrown up a big opportunity for the stock market enthusiasts to earn handsome gains from the primary markets. This is one of the most promising year for the IPO as an estimated Rs 2 lakh cr are to be raised from the markets. Zee Business Senior Research Analyst Varun Dubey has this exclusive report on this. Take a look!
Dubey said that around 25 companies will be coming out with their Initial Public Offerings (IPO) in the financial year 2021-22 (April-March). It is expected that the combined money that will be raised from this IPO will be Rs 2 lakh cr, Dubey said.
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LIC and Paytm are expected to raise over Rs 2 lakh cr among themselves, he further said.
Over the next week, Rs 8,000 cr will be raised by four companies who will be launching their public issues beginning Monday.
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On Monday, two issues will open – one is of Shyam Metalics, a company in the metal space and the second is Sona BLW Precision Forgings Limited which is an automotive component maker.
See List of IPOs, with size and price band:
1 -Shyam Metalics IPO – the three-day issue opens on Monday and closes on Wednesday (14-16 June). The size of the IPO is Rs 909 cr. The price band is Rs 303 -Rs 306 per equity share.
2- Sona BLW Precision IPO - the three-day issue opens on Monday and closes on Wednesday (14-16 June). The size of the IPO is Rs 5550 cr. The price band is Rs 285 -Rs 291 per equity share.
3- Dodla Dairy IPO - the three-day issue opens on Wednesday and closes on Friday (16-18 June). The size of the IPO is Rs 800 cr. The price band is Rs 421 -Rs 428 per equity share.
4- KIMS Hospital IPO - the three-day issue opens on Wednesday and closes on Friday (16-18 June). The size of the IPO is Rs 700 cr. The price band is Rs 815 -Rs 825 per equity share.
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