Upcoming IPO: There is going to be a wave of IPOs in the Indian stock market in the trading week starting from Monday 8th December. Due to which movement can be seen in the stock market. Between 8th and 12th December, many companies are launching their IPOs in the market. Through which the company will try to raise money.
This week, IPOs of 4 mainboard companies and 5 SME companies are opening. Due to which investors can have many options to invest. Let us know which companies’ IPOs are opening this week…
1.Corona Remedies
The IPO of Corona Remedies is opening today i.e. 8th December, which will remain open till 10th December. The company will try to raise Rs 655.37 crore through IPO. The price band of shares has been fixed at Rs 1,008 to Rs 1,062. The company has kept the lot size of 14 shares. The IPO is completely offered for sale. The company may be listed in the stock market on December 15.
2. Nephrocare Health Services
The IPO of Nephrocare Health Services will be open between December 10 and December 12. The company will try to raise Rs 871.05 crore through IPO. Under which new shares worth Rs 353.4 crore will be issued.
At the same time, Rs 517.64 crore will be for offer for sale. The company has fixed the price band of shares between Rs 438 and Rs 460. One lot size will be 32 shares. The company may be listed in the market on December 17.
3.Wakefit Innovations
The public issue of Wakefit Innovations will be open for investors between 8 and 10 December. The company is trying to raise Rs 1,288.89 crore through IPO. The price band of the share has been fixed at Rs 85 to Rs 195. There will be a lot size of 76 shares.
The company will issue fresh shares worth Rs 377.18 crore and offer for sale worth Rs 911.71 crore under the IPO. The company may be listed in the stock market on December 15.
4. Park Medi World
The IPO of Park Medi World will be open for investors between 10 and 12 December. The company is bringing fresh shares worth Rs 770 crore and offers for sale worth Rs 150 crore under the IPO. The price band has been fixed at Rs 154 to Rs 162. It is estimated that the company will be listed in the stock market on December 17.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
Also read: Stock Market Today: Weak start of the stock market, Sensex fell by 82 points, Nifty below 26,172.
