Next week presents a flurry of activity for IPO investors, with three companies gearing up to launch their initial public offerings (IPOs), along with the highly anticipated listing of Vibhor Steel Tubes.
Here’s a glimpse of the upcoming IPOs and the listing event:
1. Juniper Hotels
Opening Date: February 21 to February 23. Details: Juniper Hotels, renowned for its luxury properties under the Hyatt chain, is set to launch its IPO.
Priced in the range of Rs 342-360 per share, the IPO aims to raise Rs 1800 crore through the issuance of new shares.
Lot Size: 40 shares, requiring a minimum investment of Rs 14,400 for retail investors.
Retail Investor Reservation: 10% of the issue is reserved for retail investors.
2. GPT Healthcare
Opening Date: February 22 to February 26.
Details: GPT Healthcare Limited, operating multi-specialty hospitals under the ILS Hospital brand, is set to launch its IPO.
The IPO includes a combination of fresh issue of shares worth Rs 40 crore and an offer for sale of 2.6 crore shares by private equity firm BanyanTree Growth Capital II.
Anchor Investor Bidding: Opens on February 21. Listing Date: Shares will be listed on BSE and NSE on February 29.
3. Vibhor Steel Tubes Listing
Listing Date: February 20
Subscription Details: Vibhor Steel Tubes’ IPO witnessed overwhelming response, being subscribed 298.86 times till the last day.
The IPO received bids for a total of 107 crore shares against the offer size of 35.92 lakh shares, priced in the range of Rs 141-151 per share.
Outcome: Investors eagerly await the listing to assess the performance and potential gains from their investments.
With a series of IPOs and the listing event of Vibhor Steel Tubes lined up, investors have an exciting week ahead, brimming with potential investment opportunities and the promise of lucrative returns.
Keep a close watch on these developments to capitalize on the dynamic market scenario.
