Sanathan Textiles, DAM Capital, Concord Enviro among 6 new IPOs on D-Street
As many as five mainboard and one SME IPOs are scheduled to open for subscription on Thursday, December 19. Read on to learn more about these issues.
It's going to be a busy day in terms of IPOs on Dalal Street, with five mainboard and one SME IPOs lined up for launch on Thursday, December 19. Mamata Machinery, Sanathan Textiles, DAM Capital Advisors, Concord Enviro and Transrail Lighting are launching their mainboard IPOs, whereas Newmalayalam Steel is rolling out a public offer in the SME segment. All six IPOs will be open for subscription from 10 am to 5 pm from December 19 to December 23. Read on to learn about these IPOs in detail.
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New offers amid blockbuster year in terms of IPOs
The five mainboard IPOs come in a year that has already seen more than 140 public offers, as of December 18.
Mainboard IPO | Mamata Machinery
Mamata Machinery's IPO comprises an offer for sale (OFS) worth about Rs 179 crore.
Mamata Machinery IPO Issue Price
Under the Mamata Machinery IPO, shares are offered in a range of Rs 230-243 in multiples of 61 units.
This translates to Rs 14,030-14,823 per lot.
Mainboard IPO | Sanathan Textiles
Sanathan Textiles' IPO, to raise up to Rs 550 crore, comprises fresh issuance of up to Rs 400 crore and an offer for sale to the tune of Rs 150 crore.
Sanathan Textiles IPO
Under the public offer, shares are available for bidding in a price band of Rs 305-321 in multiples of 46 units.
Mainboard IPO | DAM Capital Advisors
DAM Capital Advisors' IPO comprises an offer for sale worth about Rs 840 crore.
DAM Capital Advisors IPO
Under the IPO, DAM Capital Advisors shares are available for bidding in a range of Rs 269-283 in lots of 53 units.
Mainboard IPO | Concord Enviro
Concord Enviro's IPO comprises fresh issuance of Rs 175 crore and an OFS of Rs 325 crore.
Concord Enviro IPO
Under the IPO, shares are available for bidding in a price band of Rs 665-701 in multiples of 21 units.
Mainboard IPO | Transrail Lighting
Transrail Lighting's IPO comprises fresh issuance of Rs 400 crore and an OFS worth about Rs 439 crore.
Transrail Lighting IPO
Under the Transrail Lighting IPO, shares are available for bidding in a price range of Rs 410-432 apiece in multiples of 34.