Seven IPOs and listings on stock exchanges are scheduled for next week. Vikram Solar aims to raise ₹2,09.37 crore, Shreeji Shipping Global plans to raise ₹410.71 crore, and Gem Aromatics aims to raise ₹451 crore. Bluestone Jewellery and Regaal Resources, along with five SME companies, are set to debut on the D-Street next week.
Next week is set to be a busy one for the Indian stock market, with seven companies planning to debut or list their shares. Vikram Solar, Shreeji Shipping Global, and Gem Aromatics are among the prominent entities seeking to raise funds through Initial Public Offerings (IPOs), while Bluestone Jewellery and Regaal Resources, along with five SME companies, are set to debut on the D-Street.
Vikram Solar aims to raise ₹2,09.37 crore through its IPO, focusing on renewable energy solutions. The company's plans for expansion in the solar energy sector are expected to be a key driver for its IPO.
Shreeji Shipping Global is planning to raise ₹410.71 crore through a fresh issue of 1.63 crore equity shares. The funds will be utilized for the acquisition of dry bulk carriers in the supramax category and debt repayment [1].
Gem Aromatics is targeting a ₹451 crore raise, aiming to expand its operations and strengthen its market position in the chemical sector.
Bluestone Jewellery and Regaal Resources are set to open their IPOs on August 11 and August 12, respectively. Bluestone Jewellery, known for its luxury jewelry, is expected to attract significant interest from investors, while Regaal Resources, an agro-based firm, aims to fund its expansion plans through the IPO.
Additionally, five SME companies are scheduled to debut on the D-Street next week. The details of these companies and their IPOs are yet to be announced.
Investors are advised to closely monitor the market for updates and announcements from these companies. The upcoming listings are expected to add diversity and liquidity to the Indian stock market.
References:
[1] https://m.economictimes.com/markets/ipos/fpos/shreeji-shipping-patel-retail-to-float-ipos-on-aug-19/articleshow/123226169.cms
Comments
No comments yet