Mumbai, January 12 (IANS). There is good news for investors waiting to invest in Initial Public Offering (IPO). Five new public issues are going to be launched next week. There will be one mainboard and four SME IPOs.
Lakshmi Dental’s IPO in the mainboard category is opening on January 13 and common investors can bid in it till January 15. The price band of this IPO has been fixed from Rs 407 per share to Rs 428 per share.
The issue size of this IPO will be Rs 698.1 crore. There is a fresh issue of Rs 138 crore and an offer for sale of Rs 560.1 crore. Its allotment can happen on January 16 and listing on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on January 20.
Apart from this, four SME IPOs are also opening.
The IPO of EMA Partners India Limited will open for subscription on January 17 and close on January 21, with a price band of Rs 117 to Rs 124 per share. The issue comprises fresh issue of Rs 66.14 crore and OFS of Rs 9.87 crore.
The public issue of Land Immigration Consultants Limited will open on January 16 and close on January 20. Its price band is Rs 70 to Rs 72 per share. This IPO is a completely fresh issue, which aims to raise Rs 40.32 crore.
Rikhav Securities Limited will also launch its IPO on January 15, which will close on January 17. The issue of Rs 88.82 crore includes fresh issue and OFS. Its price band has been fixed at Rs 82 to Rs 86 per share.
The IPO of Kabra Jewels Limited will open on January 15 and close on January 17. The price band for this IPO has been fixed at Rs 121 to Rs 128 per share. The size of this issue is Rs 40 crore.
Apart from this, eight IPOs will be listed in the coming week. The listing of Standard Glass Lining Technology Limited will take place on January 13. Quadrant Future Tech Limited and Capital Infra Trust InvIT are going to be listed on both NSE and BSE on January 14.
At the same time, listing of five SME companies will also take place between January 13 and January 17. These include Indobel Insulation, Avax Apparels and Ornaments, BR Goyal Infrastructure, Delta AutoCorp and Sat Kartar Shopping.
–IANS
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