Upcoming IPOs: The trading week starting from February 5 will have 5 new IPOs. Among the IPOs, Mainboard IPOs will be more as compared to the SME segment. This week there will be four IPOs from the mainboard segment and one IPO from SME. These five IPOs will raise a total of Rs 2,700 crore.
Read More: Apeejay Surrendra Park Hotels IPO opens: Should you subscribe to the issue?
Apeejay Surrendra Park Hotels IPO
Kolkata-based Park Hotels’s IPO opened today i.e. February 5, with a price band of Rs 147-155 per share. The company proposes to issue new shares worth Rs 600 crore and aims to raise Rs 920 crore through the IPO that will close on February 7. The IPO includes an offer for sale (OFS) of shares worth Rs 320 crore by three shareholders.
Rashi Peripherals IPO
Upcoming IPO: The IPO of Mumbai-based information and communications technology (ICT) will open on February 7. The company is planning to raise Rs 600 crore through through offering which will close on February 9. The IPO is a fresh issue. The price band for the offer has been fixed at Rs 295-311 per share.
Jana Small Finance Bank IPO
The Initial Public offering of Bengaluru-based Small Finance Bank will open on February 7, it is a Rs 570 crore IPO, which will close on February 9.
The price band has been set at Rs 393-414 per share. The IPO comprises a fresh issue of shares worth Rs 462 crore and an OFS of 26,08,629 equity shares.
Capital Small Finance Bank IPO
The IPO of Punjab-based Small Finance Bank will open on February 7-9. The company has a fixed price band of Rs 445-468 per share. The small finance bank aims to raise Rs 523.07 crore through the offering. The IPO comprises a fresh issue of Rs 450 crore and OFS of 15,61,329 equity shares worth Rs 73.07 crore by existing shareholders.
Alpex Solar IPO
The IPO of Alpex Solar, which will open on February 8 and close on February 12, will be the only IPO in the SME segment.
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The solar panel maker plans to raise Rs 74.52 crore through its maiden IPO of 64.8 lakh equity shares. The price band for the offer is Rs 109-115 per share.
