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  1. Ventive Hospitality, Carraro India, Senores Pharmaceuticals IPOs open for subscription: Key details

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Ventive Hospitality, Carraro India, Senores Pharmaceuticals IPOs open for subscription: Key details

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2 min read | Updated on December 20, 2024, 10:10 IST

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SUMMARY

Ventive Hospitality IPO is a fresh issue of ₹1,600 crore, which will be used to clear debt and general corporate purposes. There is no OFS component.

Carraro India's ₹1,250 crore initial share sale, with a price range set at ₹668 to ₹704 apiece, is exclusively an OFS of equity shares.

Carraro India's ₹1,250 crore initial share sale, with a price range set at ₹668 to ₹704 apiece, is exclusively an OFS of equity shares.

Senores Pharmaceuticals, Ventive Hospitality, and Carros India's initial public offerings (IPOs) opened for subscription on Friday, December 20.

The allotment statuses of three mainboard IPOs will likely be finalised on December 26, while listings are scheduled for December 30.

Senores Pharmaceuticals IPO

The ₹582.11 crore Senores Pharmaceuticals IPO is a mix of fresh offering worth ₹500 crore and an offer for sale (OFS) of shares aggregating to ₹82.11 crore. The price band has been set at ₹372-₹391 per share.

An interested investor can bid for at least 38 shares, requiring a total investment of ₹14,858.

Prior to the IPO, the company raised ₹260.63 crore from anchor investors, including ICICI Prudential Mutual Fund (MF), Mahindra Manulife MF, SBI General Insurance Company, Aditya Birla Sun Life Insurance Company, and Troo Capital.

According to a circular on the BSE website, Senores Pharmaceuticals allotted around 66.66 lakh shares to 20 funds at ₹391 apiece.

Ventive Hospitality IPO

Ventive Hospitality IPO is a fresh issue of ₹1,600 crore, which will be used to clear debt and general corporate purposes. There is no OFS component.

With a price band of ₹610-₹643, investors can bid for a minimum of one lot size or 23 shares worth ₹14,789.

On Thursday, the Blackstone-backed company mobilised ₹719.55 crore in the anchor round from investors such as Government Pension Global Fund, Quant Mutual Fund, Allspring Global Investment LLC, JM Financial MF, SBI Life Insurance Company and SBI General Insurance Company.

Carraro India IPO

Carraro India's ₹1,250 crore initial share sale, with a price range set at ₹668 to ₹704 apiece, is exclusively an OFS of equity shares by Carraro International SE.

Investors can apply for 21 shares worth ₹₹14,784.

The company secured ₹375 crore from anchor investors ahead of the public issue. Aditya Birla Sun Life Mutual Fund (MF), UTI MF, Motilal Oswal MF, HSBC MF, Sundaram MF, Bajaj Allianz Life Insurance Company, Kotak Mahindra Life Insurance Company, SBI General Insurance Company and Tata AIA Life Insurance Company are among anchor investors.

To learn more about IPO listings, schedules, and upcoming IPOs, visit our page.

About The Author

WhatsApp Image 2024-06-20 at 9.58.49 AM.jpeg
Kamal Joshi is a business journalist who covers industries, markets and IPOs. He is passionate about breaking news and enjoys playing tennis, where he loves flexing his backhand.

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