Upcoming IPO this week- From OLA Electric to Akums Drugs, here are key IPOs opening between July 29- August 2

A total of ten IPOs will collect funds from the public this week. The three companies will be opening their offer in the mainboard segment, while the remaining seven are SME companies. The companies in the mainboard segment will collect a sum of Rs 9255 crore.

Mainboard IPOs

Akums Drugs and Pharmaceuticals

The company will be opening its IPO on July 30 and ending it on August 01, raising Rs 1,856.74 crore. This is the second biggest IPO of the week after OLA Electric. The issue combines both fresh shares as well as an offer for sale. The company kept the IPO price band in a range of Rs 646 to 679 per equity share. ICICI Securities, Axis Bank, Citigroup Global Markets India, and Ambit Private are the book-running lead managers along with Link Intim…