Upcoming IPOs in May 2024: Go Digit General Insurance, Quest Laboratories, other IPOs to hit D-Street next week
Upcoming IPOs in May 2024: The primary market is all set to remain in action as a bunch of public offers are slated to open next week.
Upcoming IPOs in May 2024: The primary market is all set to remain in action as a bunch of public offers are slated to open next week. As many as five initial public offerings (IPO) are scheduled to hit Dalal Street, including one in mainboard and four small and medium enterprises (SMEs) next week.
Upcoming IPO's: Here's the complete list
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(with agency inputs)
Go Digit General Insurance IPO
Mainboard IPO
Go Digit General Insurance IPO
Go Digit General Insurance Ltd, a firm backed by Canada-based Fairfax Group, is set to launch its initial public offering on May 15.
The initial share sale will conclude on May 17 and the bidding for anchor investors will open for a day on May 14, according to the Red Herring Prospectus (RHP).
Go Digit General Insurance IPO
Go Digit's proposed IPO comprises fresh issuance of equity shares worth Rs 1,125 crore and an Offer For Sale (OFS) of 5.47 crore equity shares by a promoter Go Digit Infoworks Services and existing shareholders.
Go Digit IPO: Fund Utilisation
Proceeds from the fresh issuance have been proposed to be utilised for the augmentation of the company's capital base and maintenance of solvency levels and general corporate purposes.
Cricketer Virat Kohli and his wife and actor Anushka Sharma are among the investors in the firm. They are not selling any shares in the IPO.
What does Go Digit General Insurance do?
What does Go Digit General Insurance do?
Go Digit offers motor insurance, health insurance, travel insurance, property insurance, marine insurance, liability insurance, and other insurance products, to meet the needs of the customers.
It is one of the first non-life insurers in India to be fully operated on the cloud and has developed Application Programming Interface (API) integrations with several channel partners.
SME IPOs
Quest Laboratories IPO
Quest Laboratories IPO is a book built issue of Rs 43.16 crores and issue is entirely a fresh issue of 44.5 lakh shares.
Quest Laboratories IPO price band, Quest Laboratories IPO lot size
Quest Laboratories IPO price band is set at Rs 93 to Rs 97 per share. The minimum lot size for an application is 1200 shares. The minimum amount of investment required by retail investors is Rs 116,400.
Quest Laboratories IPO
Quest Laboratories IPO opening date: Wednesday, May 15, 2024
Quest Laboratories IPO close date: Friday, May 17, 2024
Quest Laboratories IPO allotment date: Tuesday, May 21, 2024
Quest Laboratories IPO listing date: Thursday, May 23, 2024
What does Quest Laboratories do?
Incorporated in 1998, Quest Laboratories is a pharmaceutical company.
Indian Emulsifier IPO
Indian Emulsifier IPO is a book built issue of Rs 42.39 crore and issue is entirely a fresh issue of 32.11 lakh shares.
Indian Emulsifier IPO price band, Indian Emulsifier IPO lot size
Indian Emulsifier IPO price band is set at Rs 125 to Rs 132 per share. The minimum lot size for an application is 1000 shares. The minimum amount of investment required by retail investors is Rs 132,000.
Indian Emulsifier IPO
Indian Emulsifier IPO opening date: Monday, May 13, 2024
Indian Emulsifier IPO closing date: Thursday, May 16, 2024
Indian Emulsifier IPO allotment date: Friday, May 17, 2024
Indian Emulsifier IPO listing date: Wednesday, May 22, 2024
What does Indian Emulsifier do?
Incorporated in 2020, Indian Emulsifier Limited is a manufacturer and supplier of Specialty Chemicals.
Mandeep Auto Industries IPO
Mandeep Auto Industries IPO is a fixed price issue of Rs 25.25 crore and issue is entirely a fresh issue of 37.68 lakh shares.
Mandeep Auto Industries IPO price band, Mandeep Auto Industries IPO lot size
Mandeep Auto Industries IPO price is Rs 67 per share. The minimum lot size for an application is 2000 shares. The minimum amount of investment required by retail investors is Rs 134,000.
What does Mandeep Auto Industries do?
Mandeep Auto Industries IPO opening date: Monday, May 13, 2024
Mandeep Auto Industries IPO close date: Wednesday, May 15, 2024
Mandeep Auto Industries IPO allotment date: Thursday, May 16, 2024
Mandeep Auto Industries IPO listing date: Tuesday, May 21, 2024
What does Mandeep Auto Industries do?
Incorporated in 2000, Mandeep Auto Industries Limited is involved in the manufacturing and supply of various products like sheet metal components, auto parts, sprocket gears, and machined components.
Veritaas Advertising IPO
Veritaas Advertising IPO
Veritaas Advertising IPO is a book built issue of Rs 8.48 crore and issue is entirely a fresh issue of 7.44 lakh shares.
Veritaas Advertising IPO price band, Veritaas Advertising IPO lot size
Veritaas Advertising IPO price band is set at Rs 109 to Rs 114 per share. The minimum lot size for an application is 1200 shares. The minimum amount of investment required by retail investors is Rs 136,800.
What does Veritaas Advertising do?
Veritaas Advertising IPO opening date: Monday, May 13, 2024
Veritaas Advertising IPO close date: Wednesday, May 15, 2024
Veritaas Advertising IPO allotment date: Thursday, May 16, 2024
Veritaas Advertising IPO listing date: Tuesday, May 21, 2024
What does Veritaas Advertising do?
Incorporated in 2018, Veritas Advertising is a comprehensive advertising agency that provides 360-degree services across various platforms.