Upcoming IPO launches next week: Yatharth Hospital, Yasons Chemex Care, more public issues to open; check IPO date, price band, GMP, other details
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Following a slump in 2022, initial public offerings (IPOs) emerged stronger in CY2023. The past several months have witnessed a flurry of activity in the primary market, marked by a succession of back-to-back IPOs. So far this year, 10 mainboard IPOs have made their way to the primary market. In the coming week, 4 IPOs will open for subscription
Upcoming IPOs next week
Noida-based hospital chain Yatharth Hospital and Trauma Care Services has decided to open its IPO for subscription on July 26. The offer will close on July 28. The maiden public offer comprises a fresh issuance of shares worth Rs 490 crore, and an offer for sale of 65.51 lakh equity shares by promoters Vimla Tyagi, Prem Narayan Tyagi, and Neena Tyagi. The price band for the offer is yet to be announced
Yatharth Hospital IPO dates
The company has already raised Rs 120 crore via private placement (pre-IPO placement) of 40 lakh equity shares at a price of Rs 300 per share. Hence, accordingly, the fresh issue size has been reduced to Rs 490 crore, from Rs 610 crore earlier. The anchor book, which is a part of the qualified institutional buyers' portion, if any will open on July 25, a day before the issue opening
Yatharth Hospital IPO details
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Shri Techtex IPO will open for subscription on July 26, 2023. The offer will close on July 28. Shri Techtex IPO is an SME IPO of 7,400,000 equity shares of a face value of Rs 10 aggregating up to Rs 45.14 crore. The issue is priced at Rs 54 to Rs 61 per share. The minimum order quantity is 2000 shares
Shri Techtex IPO dates,
price band
The finalisation of Basis of Allotment for Shri Techtex IPO is likely to be done on August 2, 2023, and the allotted shares are expected to be credited to demat accounts by August 4, 2023. The stock may debut on NSE SME on August 7, 2023
Shri Techtex IPO allotment
Innovatus Entertainment Networks IPO is an SME IPO of 1,548,000 equity shares of a face value of Rs 10 aggregating up to Rs 7.74 crore. The issue is priced at Rs 50 per share. The minimum order quantity is 3,000 Shares. The IPO opens on July 25, 2023, and closes on July 27, 2023
Innovatus Entertainment
Networks IPO dates,
price band
Purva Sharegistry India Pvt Ltd is the registrar for Innovatus Entertainment Networks IPO. The finalisation of Basis of Allotment for the IPO is likely to be done on August 1, 2023, and the allotted shares are likely to be credited to investors' demat account by August 3, 2023. The tentative date of Innovatus Entertainment Networks IPO BSE SME listing is August 4, 2023
Innovatus Entertainment Networks IPO details
Khazanchi Jewellers IPO will open for subscription on July 24. This is an SME IPO of 6,910,000 equity shares of a face value of Rs 10 aggregating up to Rs 97 crore. The price band for the IPO is fixed at Rs 140 per share. The minimum order quantity is 1,000 Shares. The IPO opens on July 24, 2023, and closes on July 28, 2023
Khazanchi Jewellers IPO dates, price band
Cameo Corporate Services Limited is the registrar for the Khazanchi Jewellers IPO. The Khazanchi Jewellers IPO shares' grey market premium stood at around Rs 12 apiece on Friday. The shares are proposed to be listed on BSE SME on August 7, 2023. Khazanchi Jewellers IPO expected returns is 9% according to market watchers
Khazanchi Jewellers
GMP, listing
Yasons Chemex Care IPO opens for subscription on July 24, 2023, and will close on July 26, 2023. The company has a face value of Rs 10 per share and the issue price for the fresh issue portion has a fixed price of Rs 40 per share. The company will issue a total of 51.42 lakh shares at the price of Rs 40 per share aggregating to a total fundraising of Rs 20.57 crore
Yasons Chemex Care
IPO date, price
Yasons Chemex Care has allocated 50% of the issue size for the retail investor while the balance 50% is allocated to HNI/NII investors. Like every SME IPO, this issue also has a marketing making portion with a market maker portion allocation of 2,70,000 shares. The minimum lot size for the IPO investment will be 3,000 shares. The tentative date of Yasons Chemex Care IPO listing is August 3, 2023
Yasons Chemex Care
IPO details
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