IPO Calendar: This week too, there will be excitement in the primary market. This week 3 companies are going to launch their IPOs. These will include one mainboard and two SME IPOs. These three companies together want to raise a total of Rs 1173.3 crore through IPO. Let us know in detail about these IPOs coming this week.
Zinka Logistics Solutions IPO
Only one mainboard IPO of Jinka Logistics Solutions will be launched this week. The company, backed by venture capital firm Peak XV Partners Investments and VEF AB, offers the BlackBuck App, a digital platform for truck operators. The issue will open for subscription on November 13 and close on November 18. The price band in the IPO has been fixed at Rs 259-273 per share. The company is planning to raise Rs 1,114.72 crore through IPO. In this IPO, there will be fresh issue of shares worth Rs 550 crore and offer for sale of 2.07 crore shares worth Rs 564.72 crore at the upper price band. The company’s shares were seen trading at a premium of 8.79 percent in the gray market on Sunday morning.
Onyx Biotec (Onyx Biotec IPO)
Onyx Biotech provides sterile pharmaceutical products to many pharma companies. The price band in the IPO has been fixed at Rs 58 to Rs 61 per share. The company plans to raise Rs 29.34 crore through the sale of 48.1 lakh equity shares in the upper price band in the IPO. Subscription for this IPO will start on 13th November and will close on 18th November. The company’s shares were seen trading at a premium of 8.20 percent in the gray market.
Mangal Compusolution (Mangal Compusolution IPO)
It is a hardware rental solution company. This is an IPO of Rs 16.23 crore. Subscription in this IPO will open on 12th November and will close on 14th November. The issue price in the IPO has been fixed at Rs 45 per share. This is a fixed price issue. The company’s shares are seen trading at a premium of 6.67 percent in the gray market.
