InvestorQ : Can you tell me about the 2 IPOs opening in the coming week?
vaishnavi mhatre made post

Can you tell me about the 2 IPOs opening in the coming week?

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vidhya Laxmi answered.
5 months ago
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As the month of July 2021 prepares for a string of IPOs, the IPO offerings of Clean Science & Technology and GR Infraprojects will open for subscription on 07 July. Clean Science and GR Infraprojects will collectively raise Rs.2,510 crore. Both the IPOs in the coming week will open on 07 July and close on 09 July while anchor placement will happen on 06 July.

Both the issues are an offer for sale where the promoters are taking partial exit. Clean Science is a Rs.1,547 crore OFS by promoters and GR Infraprojects is a Rs.963 crore offer for sale by the promoter group. In the month of Jun-21, IPO collections stood at Rs.9,923 crore with 5 IPOs but July is expected to set a record of Rs.32,000 crore overall.
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