Utkarsh Small Finance Bank: It plans to raise nearly ₹1,350 crore through its public offering. Its IPO comprises a fresh issue of ₹750 crore and OFS by Utkarsh Coreinvest of up to ₹600 crore. The proceeds will be used for the augmentation of Tier-I capital base to meet its future capital requirements.
3/11
Shriram Properties: Shriram Properties recently got SEBI's nod to raise funds via IPO. The company plans to raise ₹800 crore via IPO. The issue comprises a fresh issue of ₹250 crore and an offer for sale of up to ₹550 crore by current shareholders and promoters.
4/11
Most brokerages have a subscribe rating on the issues as it is fairly priced.
5/11
Seven Islands Shipping: The Mumbai-based seaborne logistics' public issue comprises a fund raise via fresh issue amounting to ₹400 crore and an offer for sale up to ₹200 crore by FIH Mauritius Investments. It received SEBI’s nod in April.
6/11
HDFC securities picks Birla corp and Ultratech in midcaps and largecaps as top picks to invest and downgraded on Ambuja
7/11
Aadhar Housing Finance: The company will issue fresh shares worth ₹1,500 crore through the IPO, while Blackstone will sell existing shares worth ₹5,800 crore, Aadhar’s draft red herring prospectus showed.
8/11
Vijaya Diagnostics: The Hyderabad-based company is expected to bring its public issue worth ₹2,000 crore this month. The IPO will see the investor and promoters collectively dilute a 35% stake in the company.
9/11
Ami Organics: Reports suggest that the chemical-maker is expected to bring its IPO worth ₹650 crore in July. It includes a fresh issue of ₹300 crore and an offer for sale of up to 6.06 million shares.
10/11
Clean Science Technology: Consisting entirely of an offer for sale by its shareholders, the chemical manufacturing company plans to raise Rs 1400 crore through the initial share sale of its IPO.
11/11
CDSL is largest depository in the country in terms of active demat accounts
Published: July 6, 2021, 15:29 IST
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