The coming week on Dalal Street is set to be a busy one for primary market investors. From glittering jewellery to agro based manufacturing, and from publishing to real estate, four fresh public issues are lined up for subscription, while a wave of 11 companies will make their market debut.
Both the mainboard and SME segments will be buzzing, offering plenty of action for those tracking India’s IPO calendar. Let’ take a look at each of these IPOs-
Mainboard IPOs
BlueStone Jewellery IPO
Leading the week’s action is the IPO of BlueStone Jewellery and Lifestyle. The issue opens for subscription on Monday, August 11, and closes on Wednesday, August 13.
The Bengaluru-based retailer, known for its ‘BlueStone’ brand, aims to raise Rs 1,540.65 crore. This comprises Rs 820 crore via fresh issue and Rs 720.65 crore through an offer for sale.
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Priced in a range of Rs 492-Rs 517 per share, the minimum lot size is 29 shares.
Axis Capital, Kotak Mahindra Capital Company, and IIFL Capital Services are managing the issue, with shares expected to list on August 19.
Regaal Resources IPO
The second mainboard offering comes from Regaal Resources, an agro-based company engaged in manufacturing maize-based starch and speciality starch products.
Its Rs 306 crore IPO will be open from August 12 to August 14, priced between Rs 96 and Rs 102 per share with a lot size of 144 shares.
Of the total issue, Rs 210 crore will be raised via fresh equity, and Rs 96 crore through an OFS. The listing is expected on August 20, with Pantomath Capital Advisors and Sumedha Fiscal Services as lead managers.
SME Segment
While the mainboard sees two openings, the SME segment will also have its share of activity.
Icodex Publishing Solutions
Icodex Publishing Solutions will hit the market from August 11 to August 13, with a price band of Rs 98-Rs 102. The company seeks Rs 42.03 crore, partly to acquire new office space and hardware, and partly for working capital. Listing on the BSE SME platform is scheduled for August 19.
Mahendra Realtors & Infrastructure
The second SME IPO,
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