Upcoming IPO: Many companies have been listed in the stock market this month. Now the next month will start from the coming week, in which IPOs of many companies are going to come. Many new listings and IPOs are coming in this. If you are also thinking of investing money in the coming month, then let us know which companies are taking entry in the IPO market from next week.
SBFC Finance IPO
The initial public offering (IPO) of non-banking finance company SBFC Finance will open for subscription on Thursday, 3 August. The SBFC Finance IPO comprises issuance of fresh equity shares worth Rs 600 crore and offer for sale (OFS) of Rs 425 crore. According to the Red Herring Prospectus (RHP), the total offer size of SBFC Finance IPO is now Rs 1,025 crore. Its issue price is 54-57 per share. This issue will end on 7th August. SBFC Finance is a Mainboard IPO and its shares will be listed on the stock exchanges BSE and NSE.
Concord Biotech IPO
Biotechnology firm Concord Biotech is all set to come up with its IPO for subscription on Friday, August 4, which will be the second IPO to open in the coming week after SBFC Finance. This includes OFS of 2.09 crore equity shares. It will be available for anchor booking on 3rd August. The allotment of shares will take place on August 11. It will close its IPO on August 8. Its shares will be listed on the stock exchanges BSE and NSE. This is a Mainboard IPO. The date of permanent listing of shares is August 17, 2023.
Oriana Power IPO
Oriana Power is a small and medium-sized enterprise IPO, which will open for subscription on August 1, 2023. The company has fixed the price band of the IPO at Rs 115 to Rs 118 per share. The plan of this energy firm is to raise Rs 60 crore from the IPO. The issue will close on August 3. Through this IPO, 50.55 lakh equity shares have been placed, whose face value is Rs 10. The date of provisional listing after the closure of the issue has been fixed as August 11.
Vinsys IT IPO
The Vinsys IT IPO will open for subscription on Tuesday, 1 August. The IPO is totally of 38.94 lakh equity shares, which in aggregate amounts to Rs 49.8 crore. The company will offer its shares at a price band of Rs 121-128 and investors can bid for 1,000 shares in one lot. The issue will close on Friday, 4th August and the final allotment is likely to be done on 9th August.
Yudiz Solutions IPO
Udy’s Solutions is an SME IPO scheduled to open on Friday, 4th August. This IPO will be offered with 2,717,600 shares and it is worth Rs 44.84 crore in total. The company has fixed a price band of Rs 162 to Rs 165 per share for the issue. The issue will close on 8th August and allotment will take place on 11th August.
They will be listed
Shares of Yasons Chamex dye and paste-manufacturing company will be listed on NSE SME on Thursday, 3 August. On the other hand, the listing of Innovatus Entertainment will be on BSE SME list on 4th August.