Mumbai: In April, Indian stock markets will see up to six big companies issue initial public offerings (IPOs). In March, the bourses – NSE and BSE – saw a similar pattern, with a total of nine companies being listed. MTAR Technologies Limited, Nazara Technologies Limited, Easy Trip Planners Limited, Heranba Industries, Craftsman Automation, Suryoday Small Finance Bank, Anupam Rasayan India, and Kalyan Jewellers India were among them. MTAR Technologies and Nazara Technologies IPOs both listed with massive premiums of 85 percent and 79 percent, respectively, and Kalyan Jewellers IPO was the largest issue in terms of size in March which raised ₹1,175 crore from the primary market.
Here’s a rundown of the top IPOs scheduled for April:
Macrotech Developers: The initial public offering will begin on April 7 and end on April 9. The IPO’s issue price has been set at ₹483-486 per share. The company hopes to raise ₹2,500 crore via the IPO.
Dodla Dairy: The public offering will include a fresh issue of up to ₹50 crore by the firm, as well as a promoters’ and investor’s offer to sell up to 10.09 million equity shares. The company hopes to raise about ₹800 crore via the IPO.
Seven Islands Shipping: The company plans to raise ₹600 million via the IPO, which will include a ₹400 million fresh issue and a ₹600 million bid for sale.
Sona BLW Precision Forgings (Sona Comstar): The company expects to raise 6,000 crore through an initial public offering (IPO) that will include a fund-raiser through a fresh issue worth ₹300 crore and an offer for sale worth up to ₹5,700 crore.
Aadhar Housing Finance: The company will issue new shares worth Rs. 1,500 crore through an IPO worth ₹7,300 crore. Blackstone, a private equity company, is backing the IPO, which will sell existing shares worth ₹5,800 crore.
KIMS Hospitals: Krishna Institute of Medical Sciences Ltd (KIMS) plans to raise ₹700 crore through an initial public offering (IPO) that will include a fresh issue of up to ₹200 crore shares and an offer for sale of up to 21,340,931 equity shares from promoters and existing shareholders.