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Next week is going to be historic for the primary market. The country's biggest IPO till date i.e. Hyundai Motor India's IPO of ₹27,870 crore will open for subscription. Till now the biggest IPO was of LIC, which came in 2022. Apart from this, in 2021, the IPO of Paytm (One97 Communication) was of ₹18,300 crore. In 2010, the IPO of Coal India was of ₹15,199 crore.
SEBI has approved several other IPOs including NTPC Green Energy, Swiggy, SK Finance, Afcons Infrastructure, NSDL, Acme Solar Holdings, Mobikwik, Waaree Energies, Enviro Infra Engineers, Suraksha Diagnostic and Zinka Logistics. The IPO of Hyundai Motor India, the country's second largest car manufacturing company, will open on October 15. The price band for this has been fixed at ₹ 1865 - ₹ 1860 per share. The anchor book of ₹ 8315 crore will open on October 14. In this IPO, which will close on October 17, the company will sell 14.3 crore shares through OFS. The company, which will have a market cap of around ₹ 1.59 lakh crore after listing, will reserve 7,78,400 shares for employees, who will also get a discount of ₹ 186 per share.
Lakshya Powertech IPO
This will be the first IPO from the SME segment next week, which will open for subscription between October 16 and 18. This engineering consultancy company from Ahmedabad is preparing to raise ₹ 50 crore through this IPO. This IPO will be a completely fresh issue and its price band has been fixed at ₹ 171 - ₹ 180 per share. Its listing is to be done on October 23. Freshara Agro Exports IPO The IPO of this company will open on October 17. The company will raise ₹ 75.4 crore through this IPO and the price band has been fixed at ₹ 110 - ₹ 116 per share. Its listing is to be done on NSE Emerge on October 24. Last chance to subscribe to these IPOs Pranik Logistics' Rs 22.5 crore IPO is closing for subscription on October 14. This IPO opened on October 10. For this, the price band has been fixed at ₹ 74 - ₹ 77 per share. This listing is to happen on the NSE Emerge platform on October 17. Which IPOs will be listed next week? Garuda Construction and Engineering's IPO will be listed from the mainboard. This listing is to happen on NSE and BSE on October 15. The issue price for this IPO of ₹ 264 crore has been fixed at ₹ 95 per share. Shiv Texchem from the SME segment is to be listed on the BSE SME platform on October 15. Apart from this, Pranik Logistics' shares will be listed on NSE Emerge on October 17.
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