IPO calendar: 5 listings and 11 issues this week
What's the story
The primary market is set for a busy week with 11 new initial public offerings (IPOs) opening for subscription. The companies are looking to raise over ₹755 crore through their public issues. Among these, Gujarat Kidney & Super Speciality's maiden public issue in the mainboard segment is worth ₹250.8 crore.
IPO specifics
Gujarat Kidney & Super Speciality's IPO details
Gujarat Kidney & Super Speciality, a mid-sized hospital chain operator, has opened its IPO for public subscription today. The price band has been set at ₹108-114 per share. The company had already raised ₹100 crore through an anchor book on December 19, ahead of the IPO opening. Investors can bid for this offer until December 24.
SME offerings
SME segment's public issues opening on December 22
The SME segment will see four public issues opening for subscription on December 22. These include Dachepalli Publishers, Shyam Dhani Industries, Sundrex Oil and EPW India. The educational content publisher Dachepalli Publishers aims to raise ₹40.4 crore via its initial share sale at the upper end of a price band of ₹100-102 per share while spices maker Shyam Dhani Industries has fixed a price band of ₹65-70 per share for its ₹38.5-crore public issue.
Upcoming offers
More SME public issues to subscribe on December 23
On December 23, five more public issues will be available for subscription. These are Bai Kakaji Polymers, Dhara Rail Projects, Apollo Techno Industries, Admach Systems and Nanta Tech. The last day for bidding on these offers is December 26 due to a public holiday on December 25. Bai Kakaji Polymers is raising over ₹105.2 crore via its initial share sale at the upper end of price band of ₹177-186 per share.
Closing offers
Five companies to make their market debuts this week
Phytochem Remedies, a manufacturer of corrugated boxes and board solutions, will close its ₹38.2-crore IPO on December 22. The fixed price offer was opened on December 18. This week also sees five companies making their market debuts: KSH International, Neptune Logitek, Global Ocean Logistics India, MARC Technocrats, and Phytochem Remedies.