Shyam Metalics, Sona Comstar, Navoday Enterprises IPOs open on June 14: The companies are raising funds to retire their debt, funding capital expenditure requirements, and for general corporate purposes
India Business News: The IPO market is getting back on track after a lull of two months, with four companies launching their initial share-sales next week to raise Rs 9,12
Read more about Four IPOs to hit markets next week; companies eye Rs 9,123 crore on Business Standard. The IPO market is getting back on track after a lull of two months, with four companies launching their initial share-sales next week to raise Rs 9,123 crore collectively.The last initial public offering (IPO) was that of Macrotech Developers
Shyam Metalics and Energy Ltd and Sona BLW Precision Forgings (Sona Comstar) will launch their IPOs on Monday, while Krishna Institute of Medical Sciences and Dodla Dairy will be open for public subscription on Wednesday.
Last financial years most rewarding IPOs included Happiest Minds, Chemcon Speciality Chemicals, Route Mobile, Burger King, Mrs. Bectors Food, Indigo Paints, Mtar Technologies, which doubled investors wealth on the listing day. The average listing gains from the IPOs of 2020 stood at 61 per cent, best since 2007.