IPO
The decline in the Indian stock market continues. Due to the continuous decline in the market, lakhs of crores of investors have lost money. But it does not seem to have any impact on the IPO market. 5 IPO markets are coming next week. Investors will be able to invest money in these. 2024 has also been a tremendous year for IPOs. Now in the new year, the activity in the IPO market has increased again. Let us know which IPOs are coming.
Lakshmi Dental IPO
The first IPO to open on the first day of next week i.e. January 13 will be Lakshmi Dental. This is the only public issue from the mainboard segment. The dental products maker intends to raise Rs 698 crore through an initial share sale, which includes a fresh issue of equity shares worth Rs 138 crore and an offer for sale of 1.3 crore shares worth Rs 560.06 crore. The price band for this offer, which will close on January 15, has been fixed at Rs 407-428 per share. The company has raised Rs 314.1 crore through anchor book on January 10, a day before the opening of the IPO.
Kabra Jewels IPO
There will be an opportunity to invest money in the IPO of Ahmedabad-based Kabra Jewels from next week. This will be an IPO of SME category. The jewelery retailer will open its first public offering of Rs 40 crore on January 15, with a price band of Rs 121-128 per share. This offer will close on January 17.
Rikhav Securities IPO
The IPO of Mumbai-based stock broker Rikhav Securities will open next week. This IPO will open on January 15 and close on January 17. The company will raise Rs 89 crore from the IPO. The price band of the IPO has been fixed at Rs 82-86 per share.
Landmark Immigration Consultants IPO
Landmark Immigration, which provides global education consultancy to students to study abroad, will be the third SME to open a public issue next week on January 16 with a price band of Rs 70-72 per share. It plans to raise Rs 40.32 crore entirely through a fresh issue. This IPO will close on January 20.
EMA Partners India IPO
The final IPO next week will be that of EMA Partners India, an executive search firm providing customized leadership hiring solutions. The company will hit Dalal Street with its Rs 76 crore initial public offering on January 17 and will remain open till January 21. The book built issue, which has a price band of Rs 117-124 per share, proposes to issue fresh shares worth Rs 66.14 crore and sale of 7.96 lakh shares worth Rs 9.87 crore.
Latest Business News