GR Infraprojects lists at over 100% premium.
Utkarsh Small Finance Bank: It plans to raise nearly ₹1,350 crore through its public offering. Its IPO comprises a fresh issue of ₹750 crore and OFS by Utkarsh Coreinvest of up to ₹600 crore. The proceeds will be used for the augmentation of Tier-I capital base to meet its future capital requirements.
Shriram Properties: Shriram Properties recently got SEBI’s nod to raise funds via IPO. The company plans to raise ₹800 crore via IPO. The issue comprises a fresh issue of ₹250 crore and an offer for sale of up to ₹550 crore by current shareholders and promoters.
Most brokerages have a subscribe rating on the issues as it is fairly priced.
Seven Islands Shipping: The Mumbai-based seaborne logistics’ public issue comprises a fund raise via fresh issue amounting to ₹400 crore and an offer for sale up to ₹200 crore by FIH Mauritius Investments. It received SEBI’s nod in April.
HDFC securities picks Birla corp and Ultratech in midcaps and largecaps as top picks to invest and downgraded on Ambuja
Aadhar Housing Finance: The company will issue fresh shares worth ₹1,500 crore through the IPO, while Blackstone will sell existing shares worth ₹5,800 crore, Aadhar’s draft red herring prospectus showed.
Vijaya Diagnostics: The Hyderabad-based company is expected to bring its public issue worth ₹2,000 crore this month. The IPO will see the investor and promoters collectively dilute a 35% stake in the company.
Ami Organics: Reports suggest that the chemical-maker is expected to bring its IPO worth ₹650 crore in July. It includes a fresh issue of ₹300 crore and an offer for sale of up to 6.06 million shares.
Clean Science Technology: Consisting entirely of an offer for sale by its shareholders, the chemical manufacturing company plans to raise Rs 1400 crore through the initial share sale of its IPO.
CDSL is largest depository in the country in terms of active demat accounts
