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 Intime India as the registrar.
Ceigall India
The company will raise Rs 1,252.66 crore from investors through offering them fresh shares and an offer for sale. The company will open its IPO on August 01 at a price band of Rs 380 to Rs 401 per equity share. The issue will close on August 05. ICICI Securities, IIFL Securities, and JM Financial are the book-running lead managers. Link Intime India is working as the registrar for the issue.
OLA Electric
The company will open its IPO to investors on August 02 to collect a sum of Rs 6,145.56 crore. The issue will close on August 06 and has kept the price band in a range of Rs 72 to Rs 76 per equity share. Kotak Mahindra Capital Company, Bofa Securities India, Axis Capital, and SBI Capital Markets are the lead book-runners of the issue. Link Intime India is the registrar for the issue.
SME IPOs
Sathlokhar Synergys E&C Global
The company will collect Rs 92.93 crores by offering 6.64 million fresh shares. The company will be listed on the NSE SME platform. The issue will be available for bidding from July 30 onwards and closed the issue on August 01. The company set the price band between Rs 133 to Rs 140 per equity share. GYR Capital Advisors is the book-running lead manager of the Sathlokhar Synergys E&C Global IPO and Purva Sharegistry India registrar. The market maker for the issue is Giriraj Stock Broking.
Bulkcorp
The company will open its issue to investors on July 30 to raise Rs 20.78 crore from the public. The company kept the IPO price band in a range of Rs 100 to Rs 105 per equity share. As the IPO will close on August 01, the listing is expected to take place on August 06 on the NSE SME platform. Swastika Investmart is the book-running lead manager, while Kfin Technologies is the registrar for the issue. The market maker for Bulkcorp is Sunflower Broking.
Rajputana Industries
The company will collect Rs 23.88 crore by floating the issue from July 30 onwards. The company will close accepting bids on August 01. It has kept the IPO price band in a range of Rs 36 ot Rs 38 per equity share. Rajputana Industries will be listed on the NSE SME platform. Holani Consultants is the lead book runner, while Bigshare Services is working as the registrar for the issue. The market maker for the IPO is Holani Consultants.
Ashapura Logistics
Ashapura Logistics a book-built issue of Rs 52.66 crores will open on July 30 and close the bidding on August 01. Ashapura Logistics has kept the IPO price band between Rs 136 to Rs 144 per equity share. The company’s shares will hit the NSE SME platform on August 06, as per the tentative schedule. Beeline Capital Advisors is the book-running lead manager and Kfin Technologies registrar. The market maker for the IPO is Spread X Securities.
Kizi Apparels
A fixed price issue of Rs 21 per equity share of Kizi Apparels wants to raise Rs 5.58 crore from the investors. The company will open the issue for subscription on July 30 and close the biddings on August 01. Kizi Apparels will be listed on the BSE SME platform on August 6, as per the tentative schedule. The lead book-runner for the issue is Interactive Financial Services. Bigshare Services is handling the work of the registrar, while the market maker is Beeline Broking.
Utssav Cz Gold Jewels
The company wants to collect a sum of Rs 69.50 crore from the investors by offering them 6.32 million fresh shares. It will open the IPO to investors for bidding on July 31 and close it on August 02. The listing is expected to take place on the NSE SME platform. The price band for the issue is kept in a range of Rs 104 to Rs 110 per equity share. The lead book-runner for the issue is Choice Capital Advisors. Bigshare Services is working as the registrar. The market maker for the issue is Choice Equity Broking.
Dhariwalcorp
A book-built issue of Rs 25.15 crore will be offering 2.37 million fresh shares of Dhariwalcorp. The company will make its IPO live to investors on August 01 onwards and close the subscription on August 05. Dhariwalcorp kept the IPO price band in a range of Rs 102 to 106 per equity share. The listing is expected to take place on the NSE SME platform. Shreni Shares is the book-running lead manager and Bigshare Services registrar for the issue. The market maker for the IPO is Shreni Shares itself.