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4 New IPOs To Hit Market This Week; Check Full Details Of Upcoming Initial Public Offerings
Here is the list of IPOs scheduled to debut in next week and its details.
Highlights
- The IPO of GPT Healthcare is scheduled to open on Feb 22.
- The pricing details for GPT Healthcare are yet to be announced.
- Zenith Drugs is gearing up for its IPO launch in the SME segment.
New Delhi: The Indian stock market has maintained its upward momentum throughout the week, with the BSE Sensex posting an increase of 1.42 percent over the last five trading sessions. Analysts are optimistic about the market's performance in the coming week. The week is driven by the launch of four IPOs and the listing of seven companies.
Here is the list of IPOs scheduled to debut next week and its details: (Also Read: Tax Season Is Here! Know Difference Between Income Tax (ITR) Return And TDS)
1. GPT Healthcare IPO
GPT Healthcare, a Kolkata-based mid-size multispeciality hospital chain operating under the brand name ILS Hospitals, is also set to enter the market with its IPO. (Also Read: LIC Introduces New Plan For Children; Check Key Features, Eligibility, Maturity And Other Benefits)
GPT Healthcare IPO: Opening And Closing Date
The initial public offerings of the company are scheduled to open on February 22 and close on February 26.
GPT Healthcare IPO: Price Band
The pricing details for GPT Healthcare's IPO are yet to be announced.
GPT Healthcare IPO: Objective
However, the company intends to raise Rs 40 crore through fresh issue shares.
2. Zenith Drugs IPO
Zenith Drugs is gearing up for its IPO launch in the SME segment.
Zenith Drugs IPO: Opening And Closing Date
The issue is all set to open on February 19 and close on February 22.
Zenith Drugs IPO: Price Band
The issue is priced at Rs 79 apiece at the upper price band.
Zenith Drugs IPO: Lot Size
Zenith Drugs' IPO offers a lot size of 1600 shares.
3. Deem Roll Tech IPO
Deem Roll Tech, a manufacturer of alloy steel and cast iron products, will join the IPO fray in the SME segment next week.
Deem Roll Tech IPO: Opening And Closing Date
The public offer commences on February 20 and concludes on February 22.
Deem Roll Tech IPO: Price Band
The IPO is set to hit the market with each share priced at Rs 129.
Deem Roll Tech IPO: Fund Raise
Deem Roll Tech aims to raise approximately Rs 29 crore.
4. Juniper Hotels IPO
Hyatt Hotels' own Juniper is also making a debut on the exchanges.
Juniper Hotels IPO: Opening And Closing Date
According to filings, the offering is open for subscription on February 21 and it will be closed on February 23.
Juniper Hotels IPO: Fund Raise
From the IPO, the company is set to raise Rs 1,800 crore.
Juniper Hotels IPO: Face Value
The face value of the shares is Rs 10 each.
Upcoming Listings
In addition to the IPOs, seven companies are supposed to make their stock market debut through listings in the coming weeks.