The Indian IPO Market has once again returned outside and Danadan new issues are being launched. If you are also planning an investment in IPO, then this week you are going to get not one, but many opportunities. Yes, six big companies are going to open for their IPO subscription and they are going to start tomorrow. These include HDFC Bank’s subsidiary HDB Financial and many other names. Let’s know about them in detail …
Six manboard IPO will knock
For those investing in IPO, this week has brought many opportunities for earning and with the new issue, you will get to see the primary market. While six manboard categories are going to be launched, many IPOs are ready to open in SME category as well. On Tuesday 24th, where 3 companies have announced to open their issue simultaneously, on June 25 and on June 26, one manboard IPO is going to open for common investors.
3 issue open together on 24 June
On Tuesday, three companies will open their issue. The first of these is Globe Civil Projects Limited IPO, which is Rs 119 crore. There will be a chance to invest money by 26 June. The company has fixed the price band at Rs 67-71 and its lot size is of 211 shares, for which the investor will have to invest at least Rs 14,981. Its listing can be held on 1 July 2025.
The next issue going to open on this day is Ellenbarrie Industrial Gases IPO, whose size is Rs 852 crore and fresh shares of Rs 400 crore will be issued in it. The company has set a price band for IPO Rs 380-400 and its lot size is of 37 shares, for which investors will have to invest minimum of Rs 14,800. Its stock market debut will also be on 1 July.
The third opening issue on June 24 is Kalpataru Limited IPO, which is Rs 1590 crore. In this too, bids can be made by 26 June and the company will issue 3,84,05,797 shares. Talking about the price band, it has been fixed at Rs 387-414 and the lot size is 36 shares. Investors will have to invest at least Rs 14,904.
Two IPOs will open together on 25 June
Now let’s talk about the next day i.e. about the issue to be opened on 25 June, so on this day two IPOs are going to open to investors and the largest of them HDFC Bank’s subsidiary company HDB Financial Services is IPO, which has a size of Rs 12,500 crore. It will get an opportunity for investment till June 27 and the company will issue a fresh share of Rs 10000 crore through an IPO through offer for sale, while fresh shares worth Rs 2500 crore. The company has set a price band (HDF Financial Price Band) Rs 700-740 and its lot size is of 20 shares, meaning retail investors will have to invest at least Rs 14,800. The listing of its shares in the market will be on July 2.
The next issue that is going to open on Wednesday is the Sambhv Steel Tubes IPO, in which investors will be able to invest by June 27 and it will be made a market debut on 2 July. The company will raise Rs 540 crore from the market through IPO and will be kept for fresh share sale of 440 crores, while shares worth Rs 100 crore will be sold through O.S.S. The price band is Rs 77-82 and the lot size is of 182 shares. Investors will have to make minimum investment of Rs 14,924.
This detail of Indogulf IPO
The only manboard IPO, which is open on 26 June, will get the name Indogulf Cropsciences IPO and will get a chance to invest in it by 30 June. Its size is Rs 160 crore, but the price band has not been revealed by the company yet. Under this issue, the company will offer 36,03,603 shares for sale through offer for sale. The listing of this issue on BSE-NSE will be on 3 July.
(Note- Be sure to consult your market experts before investing in IPO.)