Looking at the possibilities of the future, many well-known companies are about to launch their IPO. Through this, investors can benefit. Among them are companies related to the pharma industry and other sectors.
Renowned companies will launch their IPO
Even though the economy is witnessing fluctuations due to the Corona period, but due to the future prospects, many big companies are going to launch IPO soon. These include companies related to pharma companies, farming and dairy industries. In such a situation, if you want to earn through stocks, then in the coming days you can get a better chance of becoming rich.
Dairy company Dodla will launch its IPO in the market in May. Through this, she will raise 800 crore rupees. It has got approval from market regulator SEBI. This company is from South India. The company will issue fresh shares worth Rs 50 crore in the IPO. Apart from this, the promoters and investors of the company will sell 1 crore 85 thousand 444 equity shares in Offer for Sale (OFS).
Glenmark Life Sciences
Glenmark, a well-known pharma company, will issue fresh shares worth Rs 1,160 crore for the Life Sciences IPO and 73 lakh 10 thousand equity shares for the offer for sale. Glenmark Pharma has a 100% stake in the company. The company will soon launch its IPO in the market.
In order to promote farming, the government is giving special discounts to the fertilizer related companies. In this case, India Pesticides Company will launch its IPO. Through this, preparations are being made to raise Rs 800 crore from the primary market. The company will sell fresh shares worth Rs 100 crore and shares worth Rs 700 crore in the existing Investor Offer for Sale (OFS).
Krishna Institute of Medical Science (KIMS), the largest corporate healthcare group in Andhra Pradesh and Telangana, is also about to launch its IPO. The company wants to raise Rs 700 crore through the issue. For this, a fresh share of 200 crore rupees and 2 crore 13 lakh 40 thousand equity shares will be issued through Offer for Sale (OFS). There is a lot of potential in the forma sector these days, so investors can benefit.
Sona BLW Precision Forgings, a leading company in auto parts manufacturing, is also going to offer its IPO. The company is also known as Sona Comstar. The company will raise Rs 6,000 crore from the primary market. 75% of the shares in the IPO will be reserves for Qualified Institutional Buyers (QIBs). Apart from this, 15% shares will be reserved for non-institutional investors and 10% shares will be reserved for retail.
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