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The Indian IPO market is gearing up for a busy week with eight companies preparing to launch their initial public offerings (IPOs). This upcoming week will see seven small and medium-sized enterprises (SMEs) and one mainboard IPO, aiming to raise approximately Rs 2,119.75 crore. Here’s an overview of the anticipated offerings:
- Akums Drugs and Pharmaceuticals Limited IPO
Akums Drugs and Pharmaceuticals Limited, the sole mainboard IPO for the week, will open for subscription from July 30, 2024, to August 1, 2024. The pharmaceutical manufacturer plans to raise Rs 1,856.74 crore, with shares priced between Rs 646 and Rs 679 each. The IPO is set to list on August 6, 2024, on both the BSE and NSE. - Bulkcorp International Limited IPO
Bulkcorp International Limited will launch its IPO from July 30, 2024, to August 1, 2024. The company aims to raise Rs 20.78 crore, with shares priced between Rs 100 and Rs 105 each. The shares will be listed on the NSE SME platform on August 6, 2024. - Kizi Apparels Limited IPO
Kizi Apparels Limited will open its IPO from July 30, 2024, to August 1, 2024, offering shares at a fixed price of Rs 21 each. The company is looking to raise Rs 5.58 crore, and the shares will be listed on the BSE SME platform on August 6, 2024. - Ashapura Logistics Limited IPO
Ashapura Logistics Limited’s IPO will be available for subscription from July 30, 2024, to August 1, 2024. The company plans to raise Rs 52.66 crore, with shares priced between Rs 136 and Rs 144 each. The shares will be listed on the NSE SME platform on August 6, 2024. - Utssav Cz Gold Jewels Limited IPO
Utssav Cz Gold Jewels Limited will launch its IPO from July 31, 2024, to August 2, 2024. The company is targeting Rs 69.50 crore, with shares priced between Rs 103 and Rs 110. The shares will be listed on the NSE SME platform on August 7, 2024. - Dhariwalcorp Limited IPO
Dhariwalcorp Limited’s IPO will be open from August 1, 2024, to August 5, 2024. The shares will be listed on the NSE SME platform on August 8, 2024.
This surge in IPO activity reflects robust investor interest and a vibrant market environment as these companies prepare to make their debut on Dalal Street.