IPO: New investment opportunities are lined up this week as IPOs of 4 companies will be open for subscription. The public offering of RR Cable, Samhi Hotels, Zaggle Prepaid Ocean Services, and Chavda Infra is going to open.
Below is the information about the price band, opening date, and lot size.
R R Kable IPO
The IPO of the cable and electric appliances maker is going to open on 13 September 2023. Investors will be able to bet on this IPO till September 15, 2023. The IPO will open for anchor investors on September 12. The price band of RR Cable’s IPO has been fixed at Rs 983 to Rs 1035 per share. The company will try to raise Rs 1964 through IPO.
Samhi Hotels IPO
Investors will be able to place bets on this SME IPO from September 14 to September 18, 2023. The company has decided to issue fresh shares worth Rs 1200 crore and 1.35 crore shares for sale. However, the price band of this company’s IPO has not been disclosed yet. It is expected that the company will announce the price band in the next few days.
Zaggle Prepaid Ocean Services IPO
This IPO will open on 14 September and investors can subscribe to it till 18 September. Anchor investors will be able to place bets on the company’s IPO on September 13, 2023. The price band has not been announced yet.
Chavda Infra IPO
The Gujarat-based company is looking to raise Rs 43.26 crore with the help of an IPO. The company has fixed the price band at Rs 60 to Rs 65 per share. investors will also be able to place bets on the IPO from September 12 to September 14.
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