IPO calendar: Six problems to hit Dalal Street this week, looking at RS 1,938-Crore

IPO calendar: Six problems to hit Dalal Street this week, looking at RS 1,938-Crore

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The primary market is planned for another busy week, with six IPOs opening for subscription and jointly striving for approximately RS 1,938 Crore through a mix of mainboard and SMEs offers. The Line-Up includes the Bluestone Jewely & Lifestyle IPO, together with plays from the Retail, Infrastructure and Resources sectors, which provides sectoral diversity for investors.

The largest selection of the week is Bluestone Jewelery & Lifestyle, which will be opened on Monday 11 August and closed on Wednesday 13 August. The Omni-Channel jewelry brand plans to increase RS 1.540.65 Crore in the price band of RS 492-517 per share. Managed by Axis Capital, the headboard problem is expected to be strong interest in both institutional and retail investors, given the brand -strength and growing process of Bluestone in the Premium Jewelry Market of India.


Also on the same day ICODEX Publishing Solutions, a BSE SME list, open list managed by Indcap advisers. The IPO runs from 11 to 13 August in the price band of RS 98-102, aimed at increasing RS 42 Crore. The company is active in publishing and solutions of the content and serves both domestic and international customers.

From Tuesday 12 August the attention will shift to Regal Resources, which focuses on RS 306 Crore via his motherboard debut in the RS 96-102 price range. The range, led by Pantomath Capital Advisors, is open until Thursday, August 14.

In the SME room, Mahendra Realtors and Infrastructure will also be launched on the same day, looking for RS 49.45 Crore in the price band of RS 75-85, with Fast Track FinSec as head manager.


Two more problems in the field of Mainboard will be opened in the week. Shreeji Shipping Global, managed by Beeline Capital, taps both the BSE and NSE, while Patel Retail, led by Fedex Securities, will also come on the market. Price bands for both still have to be announced, but they are expected to add further momentum to an already busy fundraising calendar. Niche plays and forms the stage for active investors participation prior to the festive season.

(Disclaimer: recommendations, suggestions, views and opinions of the experts are their own. These do not represent the views of economic times)

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