IPO Market: 12 opportunities to invest money next week, long queue of issues

News Topical, Digital Desk : Action will be seen in the IPO market next week. In the week starting from 23rd June, 12 companies will enter the market with their issues, out of which 5 issues will be listed on the mainboard. In total, these companies are going to raise Rs 15800 crore from the market. After the rise in the market on Friday, the sentiments have become more positive. If the upward trend in the market continues, then investors can earn good money in quality issues. Take a look at next week's issues

Mainboard segment issues

Mainboard segment action will begin from June 24 when 3 IPOs open. Mumbai-based real estate developer Kalpataru plans to raise Rs 1,590 crore through its IPO. The price band for the shares has been fixed at Rs 387-414 per share. At the same time, industrial gas provider Ellenbarrie will try to raise Rs 852.53 crore through its issue, the price band of the issue has been kept at Rs 380-400 per share. New Delhi-based EPC company Globe Civil Projects has set a target of raising Rs 119 crore through its public offer, the price band has been fixed at Rs 67-71 per share. Applications can be given in these three issues till June 26. After these, the IPO of HDFC Bank's subsidiary HDB Financial Services will come, which is being watched by the entire market and which is the biggest issue of this year so far. The issue size is Rs 12,500 crore. This IPO will open on June 25 and close on June 27. The price band of the shares of this non-banking financial company has been fixed at Rs 700-740 per share. Along with this, the IPO of Sambhv Steel Tubes will also open on June 25. This company manufactures electric resistance welded steel pipes and structural tubes. The price band of its shares has been kept at Rs 77-82 per share. Issues of SME segment Apart from this, 7 issues are of the SME segment. AJC Jewel Manufacturers will open on June 23, Shri Hare-Krishna Sponge Iron, Icon Facilitators, and Abram Food on June 24, Suntech Infra Solutions on June 25. On the other hand, the issues of Safe Enterprises Retail Fixtures, Mayasheel Ventures, and Aakaar Medical Technologies, which opened on June 20, can be invested till June 24.

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