The Indian IPO has returned to the market again and many new issues are being launched. If you are also planning to invest in IPO, then this week you are going to get many opportunities, not one. Yes, six big companies are going to open for their IPO subscription and they are going to start tomorrow. These include HDFC Bank’s subsidiary HDB Financial and many other names. Let’s know about them in detail …
Starting six mainboard IPOs, this week has brought many opportunities for investors in IPOs and new issues are coming out in the primary market. While the issue of six mainboard categories is going to be launched, many IPOs of SME category are also going to open. While the issue of 3 companies has been announced simultaneously on Tuesday 24, two mainboard IPOs are going to be opened for common investors on June 25 and one IPO on 26 June.
On June 24, 3 issues will open together, three companies will open their issues on Tuesday. The first of these is the IPO of Globe Civil Projects Limited, which costs Rs 119 crore. There will be a chance to deposit money by 26 June. The company has fixed a price band of Rs 67-71 and has a lot size 211 shares, for which the investor will have to invest at least Rs 14,981. Its listing is likely to be held on 1 July 2025.
The next issue that opens on the same day is Ellenbary Industrial Gaise IPO, whose size is Rs 852 crore and new shares of Rs 400 crore will be issued in it. The company has fixed a price band of Rs 380-400 for IPOs and has a lot size 37 shares, for which investors will have to invest at least Rs 14,800. Its debut in the stock market will also be on 1 July.
The third issue to open on June 24 is the IPO of Kalpataru Limited, which is priced at Rs 1590 crore. In this too, bids can be made by 26 June and the company will issue 3,84,05,797 shares. Talking about the price band, it has been fixed at Rs 387-414 per share and the lot size is 36 shares. Investors will have to invest a minimum of Rs 14,904. On June 25, two IPOs will now talk about the issue of opening the next day i.e. on June 25, on this day, two IPOs are going to open for investors and the largest of them HDFC bank’s subsidiary company HDB Financial Services IPO is Rs 12,500 crore. It will have an investment opportunity till June 27 and the company will issue shares of Rs 10,000 crore through the IPO through offer for sale, while fresh shares worth Rs 2,500 crore will be issued. The company has fixed a price band of Rs 700-740 and has a lot size 20 shares, that is, retail investors will have to invest at least Rs 14,800. Its shares will be listed in the market on July 2.
The next issue opening on Wednesday is possible steel tubes IPO, in which investors will be able to invest by June 27 and it will come on the market on 2 July. The company will raise Rs 540 crore from the market through IPO and new shares worth Rs 440 crore will be kept for sale, while shares worth Rs 100 crore will be sold through OFS. Its price band is Rs 77-82 and the lot size is 182 shares. Investors will have to invest at least Rs 14,924.
These details of Indogalf IPO are the only mainboard IPO Indogalf Cropsinesi IPO to open on June 26 and will get a chance to invest by June 30. Its size is Rs 160 crore, but the price band has not been disclosed by the company. Under this issue, the company will offer 36,03,603 shares for sale through offer for sale. The issue of issue on BSE-NSE will be on 3 July.
