Tata Tech, IREDA, Flair, FedBank, Gandhar Oil IPO Set To Hit D-Street. Which One Should You Bid For?

5 IPOs are lined up to hit Dalal Street. Gandhar Oil Refinery IPO date of subscription is scheduled for November 22 and will close on Friday, November 24. Gandhar Oil IPO price band has been set in the range of ₹160 to ₹169 per equity share of face value of ₹2. Indian Renewable Energy Development Agency IPO of a state-owned company(IREDA) will open for subscription on November 21 and close on November 23. This will be the first IPO by a public sector enterprise after Life Insurance Corporation's (LIC) public issue in May 2022. PSU miniratna IREDA has fixed a price band of ₹30-32 for the IPO. Investors can bid for a minimum of 460 equity shares in one lot and in multiples of 460 equity shares thereafter. Non-Banking Finance Company (NBFC) Fedbank Financial Services has fixed the price band for its initial public offer (IPO) at ₹133-140 per equity share, with a lot size of 107 equity shares. The IPO of the South-based Federal Bank subsidiary will open for public subscription on November 22. The issue will remain open for public bidding till November 24. Mumbai-based Flair Writing Industries is set to open its initial public offering for subscription on November 22, with a price band of Rs 288-304 per share. The offer will close on November 24, while the anchor book of the issue will be opened for a day on November 21. Tata Technologies, whose issue would kick off on Wednesday, November 22, is a subsidiary of Tata Motors. This would be the first IPO by the Tata group after Tata Consultancy Services (TCS) in 2004. The company is planning to raise Rs 3,042.51 crore via public issue at the upper price band. The issue comprises only an offer-for-sale (OFS) by the promoter and investors.