5 big IPOs coming next week

STOCK MARKET ADVICE

KIMS

The IPO of Krishna Institute of Medical Sciences (KIMS) will open on June 16 and close on June 18. Through this IPO, the company will try to raise Rs 2144 crore. Its price band has been fixed at Rs 815 to Rs 825. In this IPO, new shares up to Rs 200 crore will be issued. At the same time, promoters and other investors will sell 2.35 crore shares through offer for sale.

Dodla Dairy

The IPO of Dodla Dairy will open on June 16, while it will close on June 18. The price band of this IPO has been fixed at 421-428 per share. This IPO includes a fresh issue of Rs 50 crore. At the same time, there will be an offer for sale of 1,09,85,444 shares from the promoters. Investors can benefit from the IPO of this Hyderabad-based company.

Sona Comstar

Sona BLW Precision Forgings, the country’s largest auto parts maker, will launch its IPO market on June 14. It will close on 16th June. It will open for anchor investors on June 11. On Wednesday, the company has fixed the price band of Rs 285-291 per share for the IPO of Rs 5,550 crore.

Navodaya Enterprises

The IPO of event management company Navodaya Enterprises will also open on June 14 and close on June 17. In this, shares worth Rs 34 lakh are reserved for the market giants. Whereas shares worth Rs 43.68 crore will be issued for subscription. The company has fixed the issue price of the IP at Rs 20 per share. Through this a target has been set to raise Rs 46.08 crore.

Shyam Metallics And Energy

The IPO of steel manufacturing company Shyam Metalics and Energy Ltd will open on June 14 and close on June 16. Anchor investors will be able to bid on June 11. Under the IPO, new shares worth Rs 657 crore will be issued and existing shareholders will bring an offer for sale worth Rs 252 crore. The company has fixed the price band from Rs 303 to Rs 306 per share for its Rs 909 crore IPO.

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