Upcoming IPO in August: IPOs from Pharma to NBFC companies will come in the month of August, see full list
[ad_1]
Upcoming IPO in August: IPO was issued by many companies in the Indian market last month. Many IPOs like Senco Gold, Utkarsh Small Finance Bank and Nuweb Technologies gave good returns to the investors. In this, investors are waiting for the newly listed IPO in the month of August as well. It is being told that non-banking financial company CBFC Finance Limited and Rare Enterprises-backed Concord Biotech will bring an initial public offering (IPO) this week. The NBFC said it has fixed the price for its initial share sale of Rs 1,025 crore at Rs 54-57 per share. The IPO will open on August 3 and close on August 7. Concorde Biotech said the price range for the Rs 1,550-crore IPO is Rs 705-741 per share. The Ahmedabad-based company told that the IPO will open on August 4 and will run till August 8.
Oriana Power is also waiting
Oriana Power is a SME company. Its subscription will be open from August 1 to August 3. The price band of the IPO is between Rs 115 to Rs 118. The aim of the company is to raise an amount of Rs 60 crore through this IPO. Along with this, the Vinsys IT IPO is going to open for investors tomorrow morning. Its price band has been fixed at Rs 121-128 per share. Investors can bid for this IPO from August 4.
what is ipo
Full name of IPO Initial Public Offering Is. It is a financial process in which a private company has decided to issue an offer of its stock to investors in the open market. This is the first time for that company that it goes to sell its shares in the open market. When a company issues an IPO, it publicizes its shares and gives investors an opportunity to buy their shares. Through IPO, the company makes its stock available to investors through public and news media so that they can buy it. Through IPO, the company mostly tries to attract new investors for its stock and through this the company collects most of the capital to fulfill its development and financial plans. It is an attractive option for investors as it provides them the opportunity to own a public company.
how to invest in ipo
Before investing in an IPO, you should carefully study the company in which you want to invest. Study the company’s financial health, business plans, objectives, opening price, stock valuation and other important information. To invest in IPOs, select a stockbroker with whom you have a demat account and who can help you invest in IPOs. Also consider the broker’s credibility, fees, and services. Apply for IPO application through a broker. While applying, you will have to provide complete details and necessary documents such as PAN card, Aadhaar card, bank account etc. Once the application is approved, you will have to deposit your investment amount through the broker. Based on the opening price of the IPO, you will be allotted shares. Once the allotment is done, the broker will inform you about the distribution of your shares in your account.
It is important to read the IPO document properly
Before investing in an IPO, it is important to seek financial advice and examine various investment options. Should be commensurate with your investment risk and return and should meet your financial goals and needs. Understand well before investing and invest wisely.
[ad_2]
Source link
