The IPO bonanza appears to be continuing into August. In the first week of the month, up to four companies should go public with their initial public offerings (IPOs). Windlas Biotech, Devyani International, Exxaro Tiles and Krsnaa Diagnostics are expected to release their public edition on the same day, August 4th.
IPOs next week –
Windlas Biotech: Pharmaceutical formulation maker Windlas Biotech will go public (IPO) next week on Wednesday, August 4th. The three-day public offering ends on August 6th and the company has hit the price band of the first share sale. set ₹448-460 per share.
The IPO includes the issue of new shares valued at ₹165 crore and an offer for sale (OFS) of up to 5,142,067 shares. The problem is likely to be more than ₹400 million euros.
Devyani International: The largest food and beverage company and largest franchisee of Pizza Hut, KFC and Costa Coffee, Devyani International’s initial public offering (IPO) opens for subscription next week on August 4th. The issue, which ends on August 6, has been fixed at the price range of its first stock sale ₹86-90 per share, and the company will be around ₹1,838 million euros.
The IPO of the Quick Service Restaurant (QSR) consists of a new edition of ₹440 crore and an offer for sale (OFS) of up to 155.33 million shares.
Krishna diagnostics: The edition of the diagnostic chain Krsnaa opens on August 4th and closes on August 6th. The IPO includes a new issue of ₹400 crore and an offer for sale (OFS) of up to 9.42 million shares. The proceeds from the issue are intended to finance the cost of opening new diagnostic centers.
Exxaro tiles: Another IPO, which opens on Wednesday August 4th, involves Exxaro Tiles, a leading manufacturer of stoneware tiles. The company is expected to increase ₹150-160 million euros.
The IPO of up to 1.34 crore equity shares includes a new issue of up to 1.12 crore equity shares and an offer for the sale of up to 22.38 lakh equity shares by Dixitkumar Patel, according to the draft paper.
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