IPOs this week: Allied Blenders, Vraj Iron among 10 public issues set for launch; check details

A spree of initial public offerings (IPOs) are lined up this week, with the subscription window to be launched for a total of 10 public issues in the period between June 24 and June 28.

These 10 IPOs are cumulatively worth ₹1,991 crore. They comprise of two mainboard public issues, and eight SME offers.

Allied Blenders and Distillers IPO

The Officer's Choice whisky maker aims to raise ₹1,500 crore via its public issue, which will comprise a fresh issuance of shares worth Rs 1,000 crore and offer-for-sale component of ₹500 crore. The IPO will be opened for subscription on June 25, and the window will close on June 27.

The price band has been fixed in the range of ₹267 to ₹281 per share. The allotment status is expected to be finalised on June 28, and the refund process will be initiated for investors who could not be allotted the shares from July 1. The shares are expected to be listed on the NSE and BSE on July 2.

Vraj Iron and Steel IPO

A leading manufacturer of sponge iron, Vraj Iron and Steel will launch its IPO with an aim of raising ₹171 crore. The offer will be open for subscription on June 26, close on June 28. The price band of the IPO is set at ₹195-₹207 per equity share. The listing of shares is expected on July 2.

Sylvan Plyboard India IPO

• IPO size: ₹28.05 crore
• Price band: ₹55 per share (fixed)
• Subscription dates: June 24-26

Shivalic Power Control IPO

• IPO size: ₹64.32 crore
• Price band: ₹95-100 per share
• Subscription dates: June 24-26

Mason Infratech IPO

• IPO size: ₹30.46 crore
• Price band: ₹62-64 per share
• Subscription dates: June 24-26

Divine Power Energy IPO

• IPO size: ₹22.76 crore
• Price band: ₹36-40 per share
• Subscription dates: June 25-27

Diensten Tech IPO:

• IPO size: ₹22.08 crore
• Price band: ₹95-100 per share
• Subscription dates: June 26-28

Visaman Global Sales IPO

• IPO size: ₹16.05 crore
• Price band: ₹43 per share (fixed)
• Subscription dates: June 24-26

Akiko Global Services IPO

• IPO size: ₹23.11 crore
• Price band: ₹73-77 per share
• Subscription dates: June 25-27

Petro Carbon and Chemicals IPO

• IPO size: ₹113.16 crore
• Price band: ₹162-171 per share
• Subscription dates: June 25-27

11 listings

A total of companies are set for Dalal Street debut this week. This includes DEE Development Engineers, Akme Fintrade India, and Stanley Lifestyles in the mainboard segment.

DEE Development and Akme Fintrade shares will debut on the bourses on June 26, followed by Stanley Lifestyles on June 28.

United Cotfab, and GP Eco Solutions India will be listing shares on June 24; while Falcon Technoprojects India, Durlax Top Surface, and GEM Enviro Management will debut on June 26.

In the SME segment, eight firms are set for listing. The list includes United Cotfab, and GP Eco Solutions India, which are scheduled for listing on June 24; followed by Falcon Technoprojects India, Durlax Top Surface, and GEM Enviro Management on June 26.

The shares of Dindigul Farm Product, and Winny Immigration and Education Services will hit the exchanges on June 27, and Medicamen Organics is set for D-Street debut on June 28.