The first is the Indegene IPO who will launch its IPO on May 6.
This company helps the emerging biotech and medical device companies develop products and get them to the market. It provides digital services to the life sciences industry.
The Bengaluru-based company has reserved up to 50 percent of the net issue size for qualified institutional buyers (QIB), 15 percent for non-institutional investors NIIs or high-net-worth individuals (HNIs), and the remaining 35 percent for retail investors.
The second is the TBO Tek IPO
TBO Tek is an online travel distribution platform. The IPO will open for subscription on May 8 and close on May 10, 2024. The IPO is of the value 400 crores. It’s price band is still to be announced.
The company has reserved 75 % of the net public issue for QIBs, 15 percent for NIIs/HNIs and the remaining 10 percent shares for retail investors.
The third is Aadhar Housing Finance IPO
The company is a housing finance company and has an offer size of Rs 3,000 crores. Price band is yet to be announced.
The fourth is the Go Digit General Insurance IPO.
The company plans to raise Rs 1,250 crore through its listing. So far, Go Digit has not shared IPO dates or details. Cricketer Virat Kohli and his wife, actor Anushka Sharma, are among investors in the firm.
Fifth IPO is Slone Infosystems IPO
Slone Infosystems is an IT hardware solutions provider, has also planned for fundraising via the IPO route. It aims to raise Rs 11.06 crore via IPO of 14 lakh equity shares at Rs 79 per share. It is a fixed-price issue.
The Mumbai-based company will spend the fresh issue money for the purchase of laptops, desktops, SSD, and RAM. It will also use the funds for repayment of debts and general corporate purposes.
The sixth is Finelistings Technologies IPO
This company is engaged in various businesses such as of used luxury cars and software development services. The Finelistings Technologies IPO will open for subscription on May 7 and conclude on May 9, 2024. It is a BSE SME IPO and the company aims to raise Rs 13.53 crore via the initial stake sale. The issue is priced at Rs 123 per equity share.
It has reserved 50 percent of the net public issue for NIIs/HNIs and the remaining 50 percent shares for retail investors. The IPO allotment date is May 10 and the IPO might list on BSE on May 14, 2024.
Seventh is Winsol Engineers IPO
Winsol Engineers Limited is set to launch its IPO on May 6. The company provides integrated engineering, procurement, construction, and commissioning services for for solar and wind power generation firms.
Winsol Engineers IPO price band is set at Rs 71-75 per share. The IPO lot size is 1,600 shares. At the upper end of the price band, the company plans to raise Rs 23.36 crore by a fresh issue of 31.15 lakh equity shares. The company plans to use the net issue proceeds towards working capital requirements and general corporate purposes.
Eighth is Refractory Shapes IPO
This company is a Bricks manufacturer who will launch its IPO this month. The small and medium enterprise (SME) IPO will open for subscription on May 6 and close on May 9. The Mumbai-based company has set the price band for the issue at Rs 27 - 31 per share.
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