Shares of selected sectors are also doing well in this volatile phase of the economy. Investors are expecting more benefits in the coming days as big companies will be launching their IPOs soon.
The economic crisis has deepened during the Corona period. It is also having an impact on the Indian economy. But among all these, selected shares are giving good profits to the investors. If you want to invest in the stock of a good company, then your wait may be over soon. Within one to two months more than 6 big companies will launch their IPO in the market. So, see the list of which companies are there.
Food delivery company Zomato Zomato will soon launch its IPO. The company has filed its draft Red Herring Prospectus (DRHP) to SEBI. According to DRHP, the company will offer equity shares of up to Rs 8,250 crore. While fresh shares will be worth Rs 7,500 crore. Zomato completed an internal review of the IPO procedures on April 22, 2021.
Aditya Birla Sun Life Limited
ABSLAMC will also launch its IPO soon. The company submitted documents to market regulator Sebi in April for this. Aditya Birla Sun Life AMC is an asset management company in the joint venture of Aditya Birla Group and Sun Life Financial. Aditya Birla Sun Life AMC wants to raise funds for its expansion. The company may bring an IPO to raise Rs 5000 crore.
Bengaluru-based Medi Assist has drafted to raise around Rs 840 crore through its IPO. The IPO is partially held by Ofs and two private equity investors, Bessemer Ventures and Investcorp, for sale.
Nuvoko vistas corporation
Nuvoco Vistas Corporation (Nuvoco Vistas), the cement unit of the famous detergent company Nirma, is also bringing its IPO. Through this, the company will raise Rs 5,000 crore. Nuvoko has submitted documents with SEBI. Ninevoco Vistaas Corporation Limited, the cement arm of the Ahmedabad-based group, has filed DRHP with SEBI for its IPO, nine years after Nirma Limited was removed from stock exchanges.
Glenmark Life Sciences
Pharma company Glenmark is also going to bring its IPO in the market. Glenmark Life Sciences filed a Red Herring Prospectus (DRHP) in April with market regulator SEBI for its IPO. The company will issue fresh shares worth Rs 1,160 crore for the IPO and 73,10,000 equity shares through Offer for Sale (OFS).
Gold BLW Precision Forging
Auto component manufacturer Sona BLW Precision Forging (Sona Comstar) is also going to launch its IPO in the market soon. The company has received SEBI approval to raise Rs 6,000 crore. The company submitted documents to SEBI in February. The EPO will have fresh shares worth Rs 300 crore.
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