IPOs on February 7: 4 mainboard issues available for subscription, 1 SME to get listed

In the ongoing issue, Apeejay Surrendra Park IPO will close for bidding tomorrow. The public issue was subscribed 6.17 times on the second day of issue. The retail portion was subscribed 13.57 times today – the highest among all groups of investors. Check subscription status here.

Also Read: Rashi Peripherals IPO opens tomorrow: GMP, issue details, 10 key things to know before subscribing to ₹600-crore issue

Apeejay Surrendra Park IPO, which is worth ₹920 crore, consists of fresh issue of equity shares aggregating up to ₹600 crore and offer-for-sale (OFS) aggregating up to ₹320 crore. The price band has been fixed in the range of ₹147 to ₹155 per equity share of the face value of Re 1 each. Additionally, Italian Edibles SME IPO will also close for subscription on February 7.

The new IPOs which will open for subscription on February 7 are as follows:

Rashi Peripherals IPO

Rashi Peripherals IPO opens for subscription on Wednesday, February 7, and closes on Friday, February 9. The public issue, which is worth ₹600 crore, is completely a fresh issue of 1.93 crore equity share; there is no OFS component. Rashi IPO price band has been fixed in the range of ₹295 to ₹311 per equity share of face value of ₹5.

Jana Small Finance Bank IPO

Jana Small Finance Bank IPO will open open for subscription on February 7 and closes on Friday, February 9. The small finance bank aims to raise ₹570 crore from its initial offer out of which ₹462 crore is aimed at issuance of fresh shares. The remaining ₹108 crore is reserved for the OFS route. 

A bidder will be able to apply in lots and one lot of the public issue will comprise 36 company shares. The bank has fixed price band of the public issue at ₹393 to ₹414 per equity share. The issue has garnered ₹167 crore from anchor investors a day ahead of its IPO subscription on February 6.

Capital Small Finance Bank Limited IPO

Capital Small Finance Bank initial public offering (IPO) will open open for subscription on Wednesday, February 7 and closes on Friday, February 9. The issue is a combination of a fresh issue of 96 lakh shares aggregating to ₹450.00 crore and an offer for sale of 16 crore shares aggregating to ₹73.07 crore. 

The minimum lot size for an application is 32 shares and in multiples thereof. The minimum amount of investment required by retail investors is ₹14,976. The small finance bank has fixed price band of the public issue at ₹445- ₹468 per share. The issue has garnered ₹157 crore from anchor investors a day ahead of its IPO subscription on February 6.

Also Read: Capital Small Finance Bank IPO: Bank mobilises ₹157 crore from anchor investors ahead of issue

Apart from the above public issues, Entero Healthcare Solutions IPO in the mainboard segment will also open for subscription this week on February 9 and closes on February 13. In the SME segment, Alpex Solar IPO, Rudra Gas Enterprise IPO, and Polysil Irrigation Systems IPO will open for subscription on Thursday, February 8.

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Published: 06 Feb 2024, 11:21 PM IST