Upcoming IPOs this week: BlueStone, Regaal Resources, 2 other offers to open; 11 listings scheduled; check list

Upcoming IPOs: The week starting August 11 will witness four companies open their initial public offerings for subscription. They include two mainboard issues of BlueStone Jewellery & Lifestyle and Regaal Resources and SME offers of Icodex Publishing Solutions and Mahendra Realtors & Infrastructure.

The IPO listings that will take place this week include Highway Infrastructure, JSW Cement, All Time Plastics, Essex Marine, Jyoti Global Plast, Parth Electricals, Aaradhya Disposal, Bhadora Industries, BLT Logistics, Sawaliya Foods Products and Connplex Cinemas.

Upcoming IPOs this week

BlueStone Jewellery IPO

The initial public offering of BlueStone Jewellery and Lifestyle seeks to raise ₹1,540.65 crore via a fresh issuance of ₹820 crore and an offer for sale (OFS) aggregating to ₹720.65 crore.

It has fixed a price band of ₹492 to ₹517 per share, and a lot consists of 29 shares.

Proceeds from the fresh issue will be utilised to fund its working capital needs and general corporate purposes.

The Bengaluru-based company sells its products under the 'BlueStone' brand. It is a leading name among jewellery retailers in the country.

Axis Capital, Kotak Mahindra Capital Company, and IIFL Capital Services are the IPO's book-running lead managers. The equity shares are proposed to be listed on the BSE and NSE on August 19.

Regaal Resources IPO

Agro-based company Regaal Resources' initial share sale has fixed a price band of ₹96 to ₹102 per share. A lot consists of 144 shares.

The ₹306-crore IPO is an offering of new equity shares worth ₹210 crore and an OFS valued at ₹96 crore.

The money generated, to the tune of ₹159 crore, will be used for debt clearance, and the remaining funds for corporate general purposes.

Regaal Resources manufactures maize-based starch, food-grade starches, speciality starches, and starch derivative products in India.

Sumedha Fiscal Services and Pantomath Capital Advisors are the IPO's book-running lead managers, while Link Intime India is the registrar. The equity shares are expected to be listed on NSE and BSE on August 20.

Icodex Publishing Solutions IPO

• Subscription dates: August 11 to August 13
• Price Band: ₹98 to ₹102 per share
• Issue Size: ₹42.03 crore (fresh issuance of ₹34.64 crore + ₹7.39 crore OFS)
• Use of Funds: Purchase of new office premises and hardware, working capital needs and general corporate purposes.
• Listing date on BSE SME: August 19

Mahendra Realtors IPO

• Subscription dates: August 12 to August 14
• Price Band: ₹75 to ₹85 per share
• Issue Size: ₹49.45 crore (fresh issuance of ₹40.17 crore + ₹9.28 crore OFS)
• Use of Funds: Working capital requirements and general corporate purposes.
• Listing date on NSE SME: August 20