IPOs continue to attract investors

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Investor’s interest in IPO has continued. Latest data shows that IPOs currently open for subscription are currently enjoying good subscription numbers and grey market premium. So, here are the details on IPO that are curretly open for subscription.

PKH Ventures IPO: Price band Rs 140-148/share IPO will remain open from 30 June – 4 July Company is looking to raise Rs 379.35 crore from IPO Rs 270.22 crore raised will be fresh issue

OFS will comprise Rs 109.13 crore By time of writing this copy company got subscribed 7% Company has a GMP of Rs 6 / share

PHK ventures is in the business of construction and development, hospitality and management services

The amount raised will be used for infusing capital subsidiaries and inorganic growth. Rs 124.12 will be infused in its subsidiray Halaipani Hydro Project. Rs 80 crore will be used as working capital in its subsidiary Garuda Construction Rs 40 crore will be used for inorganic growth

Tridhya Tech IPO:

Price band Rs 35-42/share IPO will remain open from 30 June to 5th July Company is looking to raise Rs26.41 crore All of this will be fresh issue By time of writing this story IPO got subscribed 16%. GMP: Rs 4/ share

Company is in the business of IT consultancy services. Amount raised will be used for debt repayment and general corporate purpose

Cyient DLM IPO:

Price Band Rs 250-265 / Share IPO will be open for subscription from 27 June – 30 June Company is looking to raise Rs 592 crore from IPO All of this Rs 592 crore will be fresh issue By the time of wrting story IPO got subscribed 26.58 times GMP: Rs 110 /share

ideaForge Technology IPO:

Price band Rs 638-672/Share IPO will be open from 26 June to 30 June Company is looking to raise Rs 567 from IPO Out of that fresh issue will comprise Rs 240 crore Company will sell 48.69 lakh shares through OFS By time of writing story IPO got subscribed 79.75 times GMP: Rs 540/share