Upcoming IPO Alert: 5 Companies are Launching Their IPOs. Here’s What You Need to Know

The IPO market is heating up as five new companies are going public with their offerings. Check out the details of the upcoming IPOs which would be raising about ₹857 crore in capital.

The last week of July 2023 will see a lot of action in the stock market with the launch of five new IPOs (Initial Public Offerings). These IPOs will see five unlisted companies going public by raising an aggregate of ₹857 crores. One mainstream and four SME (Small and Medium Enterprises) companies would be launching their IPOs. The share of SME IPO is ₹170 crores. Besides the new IPOs, three companies will list their stock on the exchange after their IPOs were launched a couple of weeks back. It will be a busy time for both the market players and investors as the market gets busy.

• The last week of July 2023 will see five IPOs hitting the stock market
• One IPO is for a mainstream company while four other IPOs are for SMEs
• The IPO dates start from 24^th July and continue till 28^th July 2023
• A total of ₹857 crores would be raised collectively from all IPOs

Check out the details of the companies and their IPOs which are opening soon –

Yatharth Hospital and Trauma Care Services

• The IPO dates are 26^th July to 28^th July 2023
• The price band per share is ₹285 - ₹300
• The IPO size is ₹686.55 crores
• The IPO includes both a fresh issue of equity shares and an Offer for Sale (OFS).
• The fresh issue is valued at ₹490 crores while the OFS would include 65.51 lakh shares 
• One lot includes 50 shares and the minimum retail investment is ₹15,000
• The IPO proceeds would be used for capital expenditure, debt repayment, and inorganic growth initiatives
• The listing date is 7^th August 2023

Also Read – Here’s what you should know about grey markets in IPO

SME IPOs

The remaining four IPOs belong to the SME segment. Have a look - 

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The Bottom Line

Analyse these upcoming IPOs and assess the company's past financial records to judge their future potential. Choose to invest in those IPOs that align with your investment needs.

Also Read – Do you know how an IPO’s price is determined?