Next week presents exciting investment chances as several companies enter the stock market or offer subscriptions.
There’s one mainboard and four SME IPOs in the pipeline, aiming to raise a total of Rs 938 crore.
Blue Jet Healthcare
Mark your calendar for Blue Jet Healthcare’s IPO, opening on October 25 and closing on October 27.
The share price is set between Rs 329 and Rs 346, with a fundraising goal of Rs 840 crore. Investors can purchase a minimum of 43 shares.
The company plans to issue 2.42 crore shares, with a face value of Rs 2 per equity share. Of these, 50% is allocated to institutional buyers, 35% to retained investors, and 15% to non-institutional investors.
Blue Jet Healthcare specializes in contract-based pharmaceutical and healthcare product development.
Four SME IPOs
The coming week also sees the launch of four SME IPOs. These include Paragon Fine, Shanthala FMCG Products, Maitreya Medicare, and On Door Concept.
Paragon Fine aims to raise Rs 51.66 crore by offering Rs 51.66 lakh in fresh equity. Their IPO opens on October 26 and closes on October 30.
Shanthala FMCG Products and On Door Concept seek to raise Rs 16 crore and Rs 31 crore, respectively, through their IPOs.
Shanthala’s offering begins on October 27, while On Door Concept’s IPO kicks off on October 23.
Maitreya Medicare’s SME IPO details are still undisclosed, but they plan to issue 18.16 lakh new shares. Investors can participate from October 27, with the IPO closing on November 1.
