IPO next week: November is giving opportunity to earn on the go, IPOs of two companies are opening next week, know full details here – issues of dharmaj crop guard and uniparts india to open next week
In both the issues, 50 per cent has been reserved for qualified institutional investors. 35 per cent is reserved for retail bidders and 15 per cent for non-institutional players. Dharmaj Crop Guard has fixed a price band of Rs 216-237 per share for its Rs 251 crore IPO. Fresh equity shares worth Rs 216 crore will be issued by the company. Along with this, the promoters will sell 14.83 lakh equity shares under Offer for Sale (OFS). According to experts, the company’s stock is trading at Rs 60 per premium (GMP) in the gray market. The company’s stock may be listed on BSE and NSE on December 8, 2022. It has a lot size of 60 equity shares.
Uniparts India IPO
Uniparts India IPO will open on 30 November. The company has fixed a price band of Rs 548-577 for this. But this issue of Rs 835.61 crore is completely offer for sale. Existing investors and promoters of the company will sell equity shares worth 1.44 crore. The promoters of the company include Kiran Soni, Mehar Soni and Pamela Soni. Apart from this, existing investors Ashoka Investment Holdings and Ambadevi Mauritius Holdings will also offer to sell their stake. The lot site in this is of 25 equity shares. The business of this company is spread across 25 countries. Its gray market share is trading at a premium of Rs 138.
