Keep money ready; IPO worth more than Rs 7377 crore is coming next week, names of companies like Tata, IREDA, Flair included
Upcoming IPO: Many companies are going to launch their IPO in the stock market in the new trading week starting from Monday. Investors are most eyeing the IPO of Tata Technology, but apart from this, four other companies are also going to launch IPOs next week. The total IPO value of all these companies is more than Rs 7377 crore. Read what is the complete news.
In the new trading week of the stock market starting from November 21, many companies are going to launch their initial public offer (IPO). In this, after 19 years, once again the IPO of a Tata Group company is coming.
Investors are eyeing the IPO of this company but apart from this, there are also four other companies that are coming in the market with their IPO next week. The total IPO of all these companies is worth more than Rs 7,377 crore.
Tata Technologies: Tata Technologies IPO is opening for investors on 22nd November. This is happening after almost 19 years when a Tata Group company is launching its IPO. Earlier in the year 2004, TCS of Tata Group had brought its IPO.
The company's IPO will be open for subscription from the 22nd to the 24th. The price band of the issue is Rs 475-500. The issue size is Rs 3,042 crore.
Gandhara Oil Refinery: The IPO of Gandhar Oil Refinery is also opening on 22nd November next week. The IPO of the company will be open from 22 to 24 November. Its price band is Rs 160 to Rs 169. Its issue size is Rs 500 crore.
Indian Renewable Energy Development Agency (IREDA): IREDA's IPO will open on 21 November 2023 i.e. Tuesday next week. The company has fixed its price band at Rs 30 to Rs 32. Its issue size is Rs 2,150.21 crore.
Flair Writing Industries: The company's IPO is opening on 22 November. Flair has fixed the price band at Rs 288 to Rs 304. Its IPO size is Rs 593 crore.
Fedbank Financial Services: The company is opening its IPO for subscription on November 22. Its price band is Rs 133 to 140. Its IPO size is Rs 1,092 crore.