Swiggy, Niva Bupa, Sagility India and ACME Solar Holdings To Launch IPO Next Week To Raise INR 18,534 Crore From Stock Market
India's primary market will be in focus next week as Swiggy, Niva Bupa Health Insurance, Sagility India, and ACME Solar Holdings will launch IPOs to raise Rs 18,534 crore from the stock market.
New Delhi, November 3: India's primary market will be in focus next week as Swiggy, Niva Bupa Health Insurance, Sagility India, and ACME Solar Holdings will launch IPOs to raise Rs 18,534 crore from the stock market.
The biggest IPO among these will be of food delivery company Swiggy, which is planning to raise more than Rs 11,000 crore through IPO from the stock market. All these IPOs will open for retail investors between November 5 and 7. UPI Sets New Record With 16.58 Billion Transactions Worth INR 23.5 Lakh Crore in October 2024 With 10% Increase in Volume, 14% Increase in Value: NCPI.
The public issue of healthcare sector company Segility India will be the first to open for retail investors next week. Investors will be able to submit bids for this IPO between November 5 and 7. Segility India plans to raise Rs 2,106.60 crore through IPO. Its price band has been fixed from Rs 28 to Rs 30. This entire IPO will be an Offer for Sale (OFS).
Swiggy's IPO will be open for retail investors from November 6 to 8. Its price band has been fixed from Rs 371 to Rs 390. The issue size of Swiggy IPO will be Rs 11,327.43 crore. This includes a fresh issue of Rs 4,499 crore and an OFS of Rs 6,828.43 crore.
ACME Solar Holding's IPO will be open for subscription from November 6 to 8. The size of this issue will be Rs 2,900 crore. This includes a fresh issue of Rs 2,395 crore and an OFS of Rs 505 crore. Its price band has been fixed from Rs 275 to Rs 289. MeitY To Launch ‘Digital India Common Service Centre’ Project Starting With Pilibhit and Gorakhpur To Ensure Digital Services Reach to Rural Area.
Niva Bupa Health Insurance's IPO will be open for retail investors from November 7 to 11. The company plans to raise Rs 2,200 crore through a public issue. This will include a fresh issue of Rs 800 crore and an OFS of Rs 1,400 crore.
(The above story first appeared on LatestLY on Nov 03, 2024 05:44 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).