Upcoming 5 New IPOs: Check Out The Details
In the upcoming week starting January 15, five companies are set to open their Initial Public Offerings (IPOs), planning to raise a total of Rs 1,680.72 crore through their respective issues. This includes the fresh issue component of Epack Durable IPO, excluding the offer-for-sale (OFS) part, as the IPO price band for Epack is yet to be announced.
1. Medi Assist Healthcare Services IPO:
Scheduled from January 15 to January 17, this IPO by health insurance third-party administrator aims to raise Rs 1,171.6 crore through an offer-for-sale (OFS) of 2.8 crore equity shares. Click here to know more
2. Epack Durable IPO:
Opening on January 19 and closing on January 23, this IPO involves a fresh issue of shares worth Rs 400 crore and an offer-for-sale of 1.04 crore equity shares by promoters and investors. Click here to know more
3. Maxposure IPO:
This SME segment IPO for the personalised media and entertainment services provider is set to open from January 15 to January 17, with a price band of Rs 31-33 per share. The IPO comprises only a fresh issue component of 61.4 lakh equity shares.Click here to know more
4. Konstelec Engineers IPO:
The Mumbai-based engineering, procurement, and construction/commissioning contractor’s IPO will open on January 19 and close on January 23, aiming to raise Rs 28.70 crore through a fresh issue of 41 lakh equity shares.Click here to know more
5. Addictive Learning Technology IPO:
Scheduled to open on January 19, this IPO by Delhi-based Lawsikho has a price band of Rs 130-140 per share. The company aims to raise Rs 60.16 crore through a mix of fresh issue and offer-for-sale.Click here to know more
In addition, other IPOs such as New Swan Multitech and Australian Premium Solar (India) are closing for subscription on January 15, while Shree Marutinandan Tubes IPO subscription will end on January 16. As of now, these IPOs have been subscribed 55.2 times, 64.58 times, and 4.9 times, respectively.
IPOs going to be listed:
Furthermore, Jyoti CN Automation, a Rajkot-based CNC machines manufacturer, is set to list its equity shares on January 16 after a robust subscription of 38.6 times. IBL Finance will also list its equity shares on the NSE Emerge on the same day, marking the first listing from the SME segment. New Swan Multitech and Australian Premium Solar will debut on the BSE SME and NSE Emerge, respectively, on January 18.
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