The stock market is set to see fresh activity in the coming week starting March 23. A total of seven IPOs will open during this special week.
Out of these, three are mainboard IPOs, which together aim to raise around ₹1,950 crore. This gives investors several new investment opportunities.
Amir Chand Jagdish Kumar IPO
The IPO of Amir Chand Jagdish Kumar Exports is a completely fresh issue. Investors can apply for this IPO from March 24 to March 27.
The company plans to raise around ₹440 crore through this issue. About 20.8 million new shares will be issued. The price band has been set at ₹201 to ₹212 per share.
The issue is being managed by MK Global Financial Services.
Powerica IPO
The Powerica IPO will also be open for investors from March 24 to March 27. The total size of this issue is around ₹1,100 crore.
The company has fixed a price band of ₹375 to ₹395 per share. Out of the total issue:
Around ₹700 crore will come from fresh shares
About ₹400 crore is set aside for offer for sale (OFS)
Sai Parentral IPO
The IPO of Sai Parentral, a pharmaceutical company, will be available for bidding from March 24 to March 27.
The total issue size is ₹408.79 crore, which includes both:
Fresh issue
Offer for sale (OFS)
The price band for this IPO is set at ₹372 to ₹392 per share.
