Sula’s IPO is worth Rs 960 crore
Aban’s IPO is worth Rs 345 crore.
The IPO of Landmark Cars is Rs 552 crore.
New Delhi. IPO is going to come out in the stock market next week. Investors have a tremendous opportunity to earn from 3 IPOs. Companies plan to raise Rs 1857 crore from these three IPOs. All these three IPOs belong to different sectors. Apart from these IPOs, the shares of Uniparts India are going to be listed in the market next week itself.
The market condition has been very volatile in the last 2 weeks. In these weeks, both the major indices of the stock market, Sensex and Nifty, saw their respective highest levels. At the same time, selling dominated the market in the latest trading week. In such a situation, strong IPOs can emerge as a great option for investors to earn money. Let’s see which IPOs are going to open for bidding next week.
read this also- Shares of this company increased investors’ capital by 100 times, converted ₹ 1 lakh into ₹ 1 crore
This IPO will open on 12 December and close on 14 December. This entire IPO offer is for sale. Before the IPO, the company has raised Rs 288 crore from anchor investors. 35 percent of its IPO is reserved for retail investors. The price band of the IPO has been kept at Rs 340-357 per share. Through this the company is planning to raise Rs 960.35 crore.
It is a financial services company. Its IPO will also be launched on 12 December. Through this, the company plans to raise Rs 345 crore. In this, you will be able to bid till 15 December. This IPO will be a mix of new shares and OFS. Its price band is Rs 256-270. The biggest part of this IPO or 60 percent is reserved for retail investors.
The IPO of the automobile service provider company is worth Rs 552 crore. It will open on December 13 and will be open for bidding till December 15. Its price band is Rs 481-506. There are fresh shares worth Rs 150 crore in this IPO. At the same time, shares worth Rs 402 crore will be issued through OFS. Only 15 percent of the share in the IPO is reserved for NII. Let us tell you that Landmark Cars has dealerships of passenger vehicles like Mercedes Benz, Volkswagen, Honda and Renault. Along with this, it also has a dealership of commercial vehicle company Ashok Leyland.
Tags: business news, business news in hindi, earn money, IPO
FIRST PUBLISHED : December 10, 2022, 14:49 IST