IPOs next week: HMA Agro Industries, Bizotic Commercial, others. Check details here
The primary market is set to remain busy next week, with five initial public issues opening for subscription.
Urban Enviro Waste Management Ltd, Bizotic Commercial Ltd, Cosmic CRF Ltd, Cell Point (India) Ltd and HMA Agro Industries Ltd are opening for initial public offering (IPOs).
Urban Enviro Waste Management Ltd
Urban Enviro Waste Management IPO is a general waste handling and management services provider, will launch its initial public offering (IPO) on June 12, aiming to raise up to ₹11.42 crore through the issue.
It will close on June 14, is an SME IPO and a fixed price issue. The total issue size is ₹11.42 crore consisting of sale of 11.42 lakh equity shares at a fixed price of ₹100 each. The face value of the shares is ₹10 each.
The issue consists of a fresh issue of 9.2 lakh equity shares, aggregating to ₹9.2 crore and an offer for sale (OFS) of 2.22 lakh equity shares by selling shareholder Vikas Sharma.
Bizotic Commercial Ltd
The Bizotic Commercial Ltd IPO will open on 12 June, 2023 and close on 15 June, 2023. The public offer will be available for subscription at a fixed price band of ₹175 per equity share and one lot of the public issue will comprise 800 company shares. The SME company aims to raise ₹42.21 crore through issuance of 2,412,000 fresh issues of the company.
Cosmic CRF Ltd
The Cosmic CRF IPO date is all set to open June 14, aiming to raise up to ₹60 crore through the issue.
It will close on June 16, is an SME IPO and a fixed price issue. The total issue size is ₹60.13 crore consisting of sale of 18.22 lakh equity shares at a price band of 314- ₹330 each. The face value of the shares is ₹10 each.
The issue consists of a fresh issue of 18,22,000 shares.
Cell Point (India) Ltd
Cell Point (India) Ltd will launch its initial public offering (IPO) on June 15, aiming to raise ₹50.34 crore from the primary market. The company has fixed the price band for the issue at ₹100 per share.
The IPO will close on June 20. The ₹50 crore-worth comprises of a fresh issue of shares for 50,34,000 shares.
HMA Agro Industries Ltd
HMA Agro Industries will launch its initial public offering (IPO) on June 20, aiming to raise ₹480 crore from the primary market. The company has fixed the price band for the issue at ₹555-585 per share.
The ₹480 crore-worth HMA Agro IPO comprises of a fresh issue of shares for ₹150 crore and an OFS of ₹330 crore. The anchor bids for the public issue will begin on June 19.
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Updated: 10 Jun 2023, 06:21 PM IST
Ganesh
http://ganesh@finplay.inFinance enthusiast, Mutual fund expert.