Market News
IPO listings this week: Allied Blenders, Vraj Iron and Steel among 11 companies to make D-Street debut
3 min read | Updated on July 01, 2024, 09:39 IST
SUMMARY
IPO listings this week: Investors will closely monitor the stock markets as 11 companies are set to debut on the bourses in the first week of July.
Three companies will also launch their IPOs this week to raise more than ₹2,700 crore.
The week starting July 1, 2024, is set to be busy, as it will witness 11 IPO (initial public offering) listings on the stock exchanges.
Allied Blenders and Distillers' IPO share listing will take place on July 2 on the National Stock Exchange (NSE) and the BSE (formerly Bombay Stock Exchange).
Vraj Iron and Steel shares will debut on the bourses on July 3.
Nine listings will be in the SME IPO segment, including Sylvan Plyboard (India), Nephro Care India, Petro Carbon and Chemicals, Diensten Tech, Akiko Global Services, Divine Power Energy, Visaman Global Sales, Shivalic Power Control, and Mason Infratech.
IPO listings this week
| SR No | Company | Listing Date |
|---|---|---|
| 1 | Allied Blenders and Distillers | July 2 |
| 2 | Vraj Iron and Steel | July 3 |
| 3 | Visaman Global Sales | July 1 |
| 4 | Mason Infratech | July 1 |
| 5 | Shivalic Power Control | July 1 |
| 6 | Sylvan Plyboard (India) | July 1 |
| 7 | Petro Carbon and Chemicals | July 2 |
| 8 | Divine Power Energy | July 2 |
| 9 | Akiko Global Services | July 2 |
| 10 | Nephro Care India | July 5 |
| 11 | Diensten Tech | July 3 |
IPOs this week
Three companies will also launch their IPOs this week to raise more than ₹2,700 crore.
Pune-based Emcure Pharmaceuticals will come up with its public issue on July 3. The ₹1,952 crore IPO, which will close on July 5, has fixed a price band of ₹960 to ₹1008 per equity share.
The issue comprises fresh issuance of shares worth ₹800 crores and an offer for sale (OFS) component of 1.14 crore equity shares.
Bansal Wire IPO will be live from July 3 to July 5. With a price band of ₹243-₹256, the company aims to raise around ₹745 crore from the issue.
The proceeds from the public issue will be used for debt repayment, working capital requirements and general corporate purposes.
The SME IPO of Ambey Laboratories Limited, which intends to raise ₹45 crore, will be open from July 4 to July 8.
About The Author
Next Story
