Ipo Details News Today

Here are the details of IPOs set to debut this week.

The subscription period for the Capital SFB IPO will end on February 9, 2024. The allotment for the IPO is expected to be completed by Monday, February 12, 2024.

Kaushalya Logistics, which will close its public issue on January 3, was among the 182 companies that launched their maiden IPOs during the year 2023 and cumulatively raised Rs 4,967 crore.

Bhavish Aggarwal, the founder of Ola Electric, is set to sell around 47.4 million shares in the SoftBank Group-backed e-scooter maker. The company is targeting a valuation in the range of $7-8 billion by early 2024.

The real action will be seen in the SME segment as 12 IPOs worth Rs 431-crore are ready to be launched next week, with five of them opening on September 25.

Festival rush in the primary market with four IPOs this week: RR Kabel, SAMHI Hotels, Zaggle Prepaid Ocean Services, and Yatra Online.

Concord Biotech, backed by the late ace investor Rakesh Jhunjhunwalas firm RARE Enterprises, is among the companies launching their IPOs. Concord issue opens for subscription on August 4