Upcoming IPOs: If you’re interested in IPO (Initial Public Offering) investments, this current week presents an excellent opportunity. Three prominent companies are set to launch their IPOs. In recent days, several companies have taken this route to offer investment opportunities to eager investors. Let’s take a closer look at the three companies entering the market with their IPOs this week.
IPOs in the Mainboard Segment and SME Segment
Notably, not only the mainboard segment but also the SME (Small and Medium Enterprises) segment is witnessing several companies gearing up to raise funds through IPOs. During this period, three companies from the mainboard segment will be presenting IPOs worth a total of 1,350 crore rupees.
Jupiter Life Line Hospitals’ IPO – Opening on September 6th
In the healthcare sector, Jupiter Life Line Hospitals is all set to launch its IPO on September 6, 2023. Interested investors can subscribe to this IPO until September 8th. The company has fixed a price band of Rs 695-735 per share for its IPO. Anchor investors will have the opportunity to participate in this IPO on September 5th. The company’s shares are expected to be listed on stock exchanges on September 18th.
EMS Limited’s IPO – Opening on September 8th
EMS Limited, a company operating in the sewage infrastructure sector, will open its IPO on September 8th. Investors will have the opportunity to invest in this IPO until September 12th. The price band for shares in this IPO is set at Rs 200 – Rs211. This IPO has a size of 321.24 crore rupees, including Rs 146 crore of fresh equity shares and an offer for sale of up to 175 crore rupees.
Jyoti CNC Automation Files IPO Application to Raise Up to ₹1K-Cr
Jyoti CNC Automation Limited has submitted an application to the Securities and Exchange Board of India (SEBI) to raise up to ₹1,000 crores through an Initial Public Offering (IPO). The company filed its draft red herring prospectus (DRHP) on a Friday.
A Leader in CNC Machine Manufacturing
Jyoti CNC Automation specializes in the manufacturing of Computer Numerical Control (CNC) machines. The company boasts an impressive customer base that includes the Indian Space Research Organisation (ISRO), BrahMos Aerospace Thiruvananthapuram Limited, Turkish Aerospace, UniParts India Limited, Tata Advanced Systems Limited, Tata Sikorsky Aerospace Ltd, Bharat Forge Ltd, Kalyani Technoforge Ltd, Rolex Rings Ltd, and Bosch Ltd.
These IPOs present exciting opportunities for investors to participate in the growth stories of these companies. It’s essential for potential investors to carefully consider their investment choices and evaluate the prospects of each company before making decisions.