IPO march 2021: 5 IPOs are coming this week. Five companies are bringing their IPO this week to raise around ₹ 3,764 crore crore. Shares of these companies will be listed in BSE and NSE.
What do experts say?
March 2021 may prove to be fantastic in terms of IPO. Market experts have been quoted as saying that 10 to 16 companies can launch their IPOs in March 2021. Through these IPOs, these companies are aiming to raise Rs 25,000 crore.
These 5 IPOs will comeOn Monday i.e. tomorrow (March 15), the IPO of Laxmi Organics Industries will come. On Monday, the IPO of the auto company Craftsman Automation will also come. Kalyan Jewelers India (Kalyan Jewelers) IPO will open on Tuesday (March 16). Suryoday Small Finance Bank will open for investment on Wednesday (March 17). ) IPO will come.
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Know everything about these IPOs-
- Craftsman Automation IPO
Engineering company Craftsman Automation, which works in various sectors, is going to bring its IPO to the market on 15 March. The price band of this IPO has been fixed at 1,488-1,490 per share. There will be a fresh issue of Rs 150 crore in this issue, while the current shareholders of the company will keep an offer for sale of 45,21,450 shares. The lot size of this issue is 10 shares. That is, you have to invest a minimum of Rs 14,900 in it. Axis Capital and IIFL Securities are the book running lead managers to the issue. This IPO will close on 17 March.
- Laxmi Organics Industries IPO :
Specialty chemical company Laxmi Organics Industries is raising Rs 600 crore from the IPO. The IPO will open for bidding on March 15 and will close on March 17, 2021. The price band for Lakshmi Organics’ IPO has been fixed at Rs 129-130. The company will raise Rs 600 crore from the primary market. In this issue fresh shares worth Rs 300 crore and shares worth Rs 300 crore will be offered under the offer for sale. Those who are the shareholders of the promoter. For this issue a lot size of 115 shares has been kept. Investors can bid for more shares in multiples of 115 shares. Retail investors can bid for a maximum of 13 lots. The minimum application size at the higher price band is Rs 14,950.
- Kalyan Jewellers IPO
Kalyan Jewelers (Kalyan Jewelers IPO) is also bringing its IPO on 16 March. The company will raise Rs 1175 crore through this IPO. Explain that the company has fixed the price band for the IPO. The company has fixed a price of Rs 86-87 per share. The company will issue a fresh issue of Rs 800 crore through this IPO. Apart from this, shares worth Rs 375 crore will be sold through the offer for sale. The company is in talks with the book running lead managers for the pre-IPO placement. In the offer for sale, the company’s promoter TS Kalyanraman will sell shares worth Rs 125 crore and Hydel Investment for Rs 250 crore. The IPO will close on March 18.
- Suryoday Small Finance Bank IPO
Suryoday Small Finance Bank is going to open an IPO of Rs 582.33 crore on 17 March. The company is issuing 1,90,93,070 shares under the issue and the face value of each share is Rs 10. Its issue will close on March 19. The price band for this IPO has been fixed at Rs 303-305 per share. The lot size for the IPO is 49 shares, meaning that investors can bid for at least 49 shares. 81.50 lakh fresh shares will be floated under the IPO of Suryodaya Small Finance Bank and 1.09 crore equity shares will be floated under Offer for Sale (OFS). Under the offer for sale (OFS), International Finance Corporation will sell 43,87,888 equity shares, Gaza Capital Fund II 20,21,952 shares, DWM (International) Mauritius 18,89,845 shares and HDFC Holdings 7.5 lakh shares.
- Nazara Technologies IPO
In the same week, gaming company Nazara Technologies, invested by veteran investor Rakesh Jhunjhunwala, will soon enter the stock market. It will be the first gaming technology company in India to be listed on the stock exchange. Najara Technology is one of the largest gaming and sports media companies in India. It also has a reach abroad. The price band of Nazara Tech’s IPO is 1100-1101 rupees. According to the upper price band, the company can raise Rs 583 crore. Promoters and shareholders are selling 52.9 lakh equity shares in this IPO. Shares of Nazara Technologies are at a premium price of Rs 620 when it comes to gray market. Najara Technologies has placed a lot size of 13 equity shares for the IPO, i.e., it will bid for at least 13 equity shares.
Rakesh Jhunjhunwala said that Nazara Technologies has a future bright. The company has benefited tremendously from the boom in digital advertising in the country and the increasing popularity of online games.
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What is an IPO and how to invest?
Whenever a company or government proposes to sell some shares in front of common people, this process is called Initial Public Offering (IPO). You can invest directly at your level in an IPO, for which you have to have a demat account. It can be invested through a broker. Every brokerage house has a separate section on its website for investing in IPOs, where you can apply for an IPO after filling some information. The key in these information is how much stock you want to apply at what price. According to your application, the same amount is blocked from IPO till the listing.