Upcoming IPOs: The initial public offerings (IPO) momentum in the primary market will remain intact as five mainboard issues are scheduled to open for subscription in the week of August 10 to 14.
Among the upcoming mainboard offerings include Dhoot Transmission, Molbio Diagnostics, Milky Mist Dairy Food, Behari Lal Engineering and Shiprocket.
Other issues to open next week
The listings slated for next week include Ardee Industries, LEAP India, Technocraft Ventures, Aegeus Technologies, GV Electricals and Optimystix Entertainment, among others.
Auto components maker Dhoot Transmission Ltd on Tuesday fixed a price band of Rs 829-871 per share for its Rs 3,067 crore Initial Public Offering (IPO), which will open for public subscription on August 10.
The initial share sale will conclude on August 12, while the bidding for anchor investors will take place on August 7, according to a public announcement.
Point-of-care diagnostics company Molbio Diagnostics Ltd, backed by Temasek and Motilal Oswal Private Equity, has fixed a price band of Rs 768-807 per share for its Initial Public Offering (IPO), which will open for subscription on August 10.
The initial share sale, estimated at Rs 904 crore to Rs 940 crore at the lower and upper ends of the price band, respectively, will conclude on August 12.
Dairy products maker Milky Mist Dairy Food Ltd has fixed a price band of Rs 133-140 per share for its Rs 1,553 crore Initial Public Offering (IPO), which will open for subscription on August 11.
The initial share sale will conclude on August 13, while the bidding for anchor investors will open for a day on August 10, the company said in a public announcement.
Behari Lal Engineering IPO
Engineering castings and alloy steel products manufacturer Behari Lal Engineering has fixed a price band of Rs 271-285 per share for its Rs 302-crore initial public offering (IPO), which will open for subscription on August 12.
The three-day public issue will conclude on August 14, while the anchor investor bidding is scheduled for August 11, the company said in a public announcement.
