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If you want to invest money in the stock market, this week is a great opportunity, 4 companies are bringing their IPO

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Share Market IPO: The Initial Public Offer (IPO) market is slowly getting back on track after being completely sluggish for the last two months due to the second wave of COVID-19. In this series, four companies of the market are going to bring their IPO next week to collectively raise Rs 9,123 crore. Earlier, the last IPO came by Macrotech Developers (earlier Lodha Developers), which opened on 7 April and closed on 9 April.

The IPOs of Shyam Metallics & Energy Limited and Sona BLW Precision Forgings (Sona Comstar) will open on Monday, while the IPOs of Krishna Institute of Medical Sciences and Dodla Dairy will open on Wednesday. Yash Gupta, Equity Research Associate, Angel Broking said that the IPO of Clean Science & Technology is expected to take place in the first week of July, 2021. The size of this IPO will be Rs 1,500 crore. At the same time, the IPO of India Pesticides is likely to come in this month or July.

Navin Kulkarni, Chief Investment Officer, Axis Securities, said, “Equity markets are full of liquidity and retail participation is at an all-time high. Can’t imagine a better time to raise funds for small and medium companies. It is quite natural for companies to tap the IPO market.”

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Which company is bringing its IPO when

Shyam Metallics IPO : The company is taking an IPO of Rs 909 crore on June 14. This IPO will be open till June 16. The company has fixed a price band of Rs 303 to Rs 306 on Tuesday.

Navodaya Enterprises IPO : The marketing and event management company is bringing its IPO on June 14. This IPO will close on June 17. The company has set a target of raising Rs 46.08 crore through this. The company has kept its price band at Rs 20.

Sona BLW Precision IPO : Black Stone Group company-owned Sona BLW or Sona Comstar is also launching its IPO on June 14. The company has kept its price band from Rs 285 to Rs 291. The company has set a target of raising Rs 5,500 crore through this.

Sona Comstar IPO: Auto component company Sona BLW Precision Forgings (Sona Comstar) has raised Rs 2,498 crore from anchor investors ahead of its initial public offering (IPO). The price range for the company’s IPO has been fixed at Rs 285 to Rs 291 per share. The IPO will open on June 14 and close on June 16.

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If you want to invest money in the stock market, this week is a great opportunity, 4 companies are bringing their IPO
Kiran Morehttp://mytechspark.com
Hello friends, I am Kiran More, Technical Author and Co-Founder of mytechspark . Speaking of education, I am an BCS (Bachelor of Computer Science ) Graduate. I am also a youtuber our site provide fresh tech news ,unboxing ,new smartphones and Gadgets News and much more . So Stay connected with us. 😀
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