IPOs Worth Over Rs 1,300 Crore To Hit Market…
The primary market has been witnessing increased activity with a large number of blockbuster public offerings recently hitting the market. Now, IPOs worth Rs 1,301.32 crore are set to witness bidding in the coming week, including one mainboard IPO and five SME IPOs.
The mainboard IPO is the Gala Precision Engineering IPO, which will open on Monday, September 2.
Here’s a list of the upcoming IPOs available for subscription next week:
Gala Precision Engineering IPO
The Gala Precision Engineering IPO will be open for subscription from September 2 to September 4. The issue is a book-built offering with a total size of ₹167.93 crore. This includes a fresh issue of 0.26 crore shares amounting to ₹135.34 crore and an offer for sale of 0.06 crore shares worth ₹32.59 crore.
Jeyyam Global Foods IPO
Jeyyam Global Foods will open its IPO for subscription from September 2 to September 4. This SME IPO is also a book-built issue, with a total size of ₹81.94 crore. It includes a fresh issue of 120.89 lakh shares, amounting to ₹73.74 crore, and an offer for sale of 13.43 lakh shares, valued at ₹8.19 crore. The price range for this IPO has been set at ₹59 to ₹61 per share. Corpwis Advisors Private Limited is the book-running lead manager, with Kfin Technologies Limited as the registrar, and Nnm Securities serving as the market maker.
Naturewings Holidays IPO
The Naturewings Holidays IPO will be available for subscription from September 3 to September 5. This is a fixed price issue totalling ₹7.03 crore, consisting of a fresh issue of 9.5 lakh shares. The shares are priced at ₹74 each. The IPO is managed by Fedex Securities Pvt Ltd, with Bigshare Services Pvt Ltd as the registrar and Pure Broking as the market maker.
Namo eWaste Management IPO
Namo eWaste Management will open its IPO for subscription from September 4 to September 6. This book-built issue is valued at ₹51.20 crore, consisting entirely of a fresh issue of 60.24 lakh shares. The price band for this IPO is set between ₹80 and ₹85 per share. Hem Securities Limited is the book-running lead manager, with Maashitla Securities Private Limited as the registrar, and Hem Finlease serving as the market maker.
Mach Conferences and Events IPO
The Mach Conferences and Events IPO will open for subscription on September 4 and close on September 6, 2024. This book-built issue is valued at ₹125.28 crore and includes a fresh issue of 22.29 lakh shares worth ₹50.15 crore, along with an offer for sale of 33.39 lakh shares totalling ₹75.13 crore. The price band is set between ₹214 and ₹225 per share. Beeline Capital Advisors Pvt Ltd is the book-running lead manager, while Skyline Financial Services Private Ltd serves as the registrar, and Spread X Securities is the market maker.
My Mudra Fincorp IPO
My Mudra Fincorp’s IPO will be open for subscription from September 5 to September 9. This book-built issue is valued at ₹33.26 crore and consists of a fresh issue of 30.24 lakh shares. The price band is set between ₹104 and ₹110 per share. Hem Securities Limited is the book-running lead manager, with Skyline Financial Services Private Ltd as the registrar, and Hem Finlease as the market maker for this IPO.
Apart from this, there is an ongoing IPO ‘Baazar Style Retail IPO’ which will see the second day of bidding on Monday.
The Baazar Style Retail IPO is priced between ₹370 and ₹389 per share. The offering is managed by Axis Capital Limited, Intensive Fiscal Services Private Limited, and JM Financial Limited as the book-running lead managers, while Link Intime India Private Ltd is handling the registrar duties.