InvestorQ : Can you share the details of upcoming IPOs for the upcoming week?
Suresh Patil made post
IPO

Can you share the details of upcoming IPOs for the upcoming week?

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Anusha Savla answered.
2 months ago
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I’m referring to the week beginning from 15-03-2021 to 22-03-2021 and there are 5 IPOs set to be launched during this week to raise an estimated Rs 3,764 crore. The companies issuing IPOs are looking to benefit from the liquidity persisting in the market and a sharp increase in new retail investors will give the company more advantage.

Craftsman Automation and Laxmi Organic Industries are launching their IPOs today (Monday) while Kalyan Jewellers will open the issue on Tuesday. Suryoday Small Finance Bank and Nazara Technologies will begin on Wednesday. These companies will list their shares on NSE as well as BSE.

Craftsman Automation’s IPO of Rs 824 crore comprises of fresh issue of equity share up to Rs 150 crore and an offer for sale of up to 45.21 lakh shares by the promoter and existing shareholders.

IPO of Laxmi Organics consists of a fresh issue of shares of Rs 300 crore and an offer for sale worth Rs 300 crore by Yellow Stone Trust, their promoter.

Kalyan Jewellers is set to issue an IPO worth Rs 1,175 crore comprising of a fresh issue of Rs 800 crore and an offer for sale worth Rs 375 crore.

Suryoday Small Finance Bank’s IPO consists of an issue of 81,50,000 fresh equity shares and an offer for sale up to 1,09,43,070 shares by existing shareholders and promoters.

Nazara Technologies’ IPO worth Rs 583 crore will comprise the sale of 52,94,392 shares by promoters and existing shareholders.
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