New Delhi :
This week offers numerous investment opportunities with a total of 8 companies launching their public offerings.
Among these, 7 companies are bringing their Initial Public Offerings (IPOs), and 1 company is launching a Follow-on Public Offer (FPO)
Here’s a detailed overview of these offerings:
IPO and FPO Schedule
SAR Televenture: Starts its FPO with a total value of Rs 150 crore. They are issuing 71.43 lakh shares at a price range of Rs 200 to Rs 210 per share.
Each lot contains 500 shares, priced at Rs 105,000. The FPO will close on July 24 and is expected to list on July 29.
RNFI Services Limited: Launches its IPO today, offering 67.44 lakh shares worth Rs 70.81 crore.
Shares are priced between Rs 98 and Rs 105, with 1200 shares per lot costing Rs 1.26 lakh. The IPO closes on July 24 and lists on July 29.
VVIP Infratech Limited: Opens its IPO, issuing 65.82 lakh shares valued at Rs 61.21 crore.
The share price is between Rs 91 and Rs 93, with 1200 shares per lot, priced at Rs 1,11,600. The IPO closes on July 25 and lists on July 30.
VL Infraprojects Limited: Also launches its IPO today, offering 44 lakh shares worth Rs 18.52 crore.
The share price ranges from Rs 39 to Rs 42. Each lot consists of 3000 shares, totaling Rs 1,26,000. The IPO can be booked until July 25 and will list on July 30.
Chetana Education Limited: Starts its IPO with 54 lakh shares valued at Rs 46 crore.
The share price is between Rs 80 and Rs 85, with 1600 shares per lot, costing Rs 1,36,000. The IPO will close on July 26 and list on July 31.
Manglam Infra and Engineering Limited: Opens its IPO today, offering 49.32 lakh shares worth Rs 27.62 crore.
Shares are priced between Rs 53 and Rs 56, with 2000 shares per lot at Rs 1,12,000. The IPO will close on July 26 and list on July 31.
Clinitech Laboratory Limited: Begins its IPO, issuing 6 lakh shares worth Rs 5.78 crore.
Each share is priced at Rs 96, with 1200 shares per lot costing Rs 1,15,200. The IPO will close on July 29 and list on August 1.
Aprameya Engineering Limited: Opens its IPO, raising Rs 29.23 crore by issuing 50.4 lakh shares.
The share price ranges from Rs 56 to Rs 58, with 2000 shares per lot priced at Rs 1,16,000. The IPO will be available until July 29 and list on August 1.
Key Points About IPOs and FPOs
IPO (Initial Public Offering)
This is the first time a company’s shares are offered to the public. The company gets listed on the stock market through this process.
FPO (Follow-on Public Offer)
This is for companies that are already listed on the stock market. It involves issuing additional shares to raise more capital.
SME Companies
Small and Medium Enterprises (SMEs) are typically smaller in terms of capital. They must follow the same IPO process as larger companies.
Their annual turnover is up to Rs 250 crore, and their investment in plant and machinery does not exceed Rs 50 crore.
The lot price for SME IPOs can be high, often exceeding one lakh rupees.
Investors have a range of options this week, so it’s a great time to explore these new opportunities.
