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Cello World, Mamaearth parent Honasa Consumer and ESAF Small Finance Bank are among the nine companies that will make their market debut this week
Originally set up as a depository in 1995, the company has a an extensive experience in digital public infrastructure including creation of Tax Information Network (TIN), Permanent Account Number (PAN) issuance and verification, services related to Atal Pension Yojana (APY) and NPS, and e-KYC services.
Next week, Protean eGov Technologies and ASK Automotive are planning to raise a cumulative Rs 1,324 crore through their public offers. Two IPOs in the SME segment -- Rox Hi-Tech and Sunrest Lifescience -- will also open for subscription next week.
IPO: After Rs 4,064 Crore Fundraising This Week, Protean eGov Tech and ASK Automotive To Mop Up Rs 1,324 crore, the next week looks promising, the focus is on Protean eGov Technologies and ASK Automotive, which are expected to raise Rs 1,324 crore through the offers, says an analyst
The maiden public issue is purely an offer of sale (OFS) by existing shareholders. The OFS size has been reduced to 61.91 lakh equity shares from 1.28 crore equity shares planned earlier.