New Delhi: The Indian IPO market is exhibiting no indicators of slowing down, with six new public presents scheduled to open subsequent week. Analysts attribute this relentless main market exercise to optimistic investor sentiment, a sturdy economic system, and expectations of decrease inflation and charge cuts in 2024. Read on additional to search out out the main points of six upcoming IPOs.
1. Exicom Tele Systems IPO
Exicom Tele Systems IPO: Subscription Dates
Exicom Tele Systems has introduced its IPO, which is about to open for subscription on February 27 and shut on February 29. (Also Read: From Investment To Income: A Rs 5-7 Lakh Investment In This Business Idea Could Yield Rs 1.5 Lakh Monthly Returns)
Exicom Tele Systems IPO: Aim
The firm goals to lift roughly Rs 429 crore by means of the providing. (Also Read: Are You Facing Issues With Creating AI Images From Gemini? Google Explain The Reason)
Exicom Tele Systems IPO: Fresh Equity Issue
The IPO consists of a contemporary fairness concern value Rs 329 crore and a suggestion on the market of Rs 70.42 lakh shares.
Exicom Tele Systems IPO: Price Band
The worth band for the IPO is about at Rs 135-142 per share, with the post-issue implied market cap round Rs 1,716 crore.
Exicom Tele Systems IPO: Lot Size
Investors can bid for 100 shares in a single lot and multiples thereafter.
Exicom Tele Systems IPO: Additional Information
The provide is reserved with 75 p.c for certified institutional patrons, 15 p.c for non-institutional traders, and the remaining 10 p.c for retail traders.
2. Platinum Industries IPO
Platinum Industries can be gearing up for its IPO.
Platinum Industries IPO: Subscription Dates
The IPO will open for subscription on February 27 and shut on February 29.
Platinum Industries IPO: Objective
The IPO goals to lift Rs 235 crore by means of a contemporary fairness sale of 1.37 crore shares.
Platinum Industries IPO: Price Band
The providing is obtainable at a worth vary of Rs 162-171 per share.
3. Bharat Highways Invit IPO
Bharat Highways Invit is an infrastructure funding belief targeted on buying, managing, and investing in a portfolio of infrastructure property in India.
Bharat Highways Invit IPO: Price Range
The firm has priced its IPO within the vary of Rs 98-100 per unit.
Bharat Highways Invit IPO: Subscription Date
The concern is about to open on February 28, providing items value Rs 2,500 crore.
4. Owais Metal IPO
In addition to the above IPOs, Owais Metal will open for subscription on February 26.
5. Purva Flexipack IPO
The firm’s IPO is all set to open for subscription on February 27.
6. MVK Agro Food Product IPO
MVK Agro Food Product’s IPO is opening for subscription on February 29.
Source: zeenews.india.com
