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New IPOs: Great opportunity to earn next week, will open three IPOs worth Rs 2387 crore, check details – News

New IPOs: IPO investors are constantly getting investment opportunities. This week three IPOs worth Rs 5939 crore were opened, then next week also three companies are bringing IPO worth Rs 2387 crore. These include the IPO of non-urea fertilizer maker Paradeep Phosphates, luxury watch giant Ethos and the country’s largest licensed Certifying Authority (CA) eMudhra. The complete details related to all these issues are being given below.

Paradeep Phosphates IPO

  • The Rs 1,501.73 crore IPO of Paradip Phosphates, a non-urea fertilizer company, will open for subscription between May 17-19.
  • Under the issue, new shares worth Rs 1004 crore will be issued and shares worth Rs 497.73 crore will be issued through OFS (Offer for Sale).
  • For shares having face value of Rs 10, a price band of Rs 39-42 per share and lot size of 350 shares has been fixed. According to the upper price of the price band, investors will have to invest at least Rs 14,700.
  • 50 per cent of the issue is reserved for Qualified Institutional Buyers (QIBs), 35 per cent for retail investors and 15 per cent for non-institutional investors (NIIs).
  • Allotment of shares can be done on 24th May and listing can be done on 27th May.
  • The money raised through the issue of new shares will be used to finance part of the acquisition of Goa Facility, pay off debt and for general corporate purposes.
  • Paradip Phosphates, the country’s second largest non-urea and DAP maker by sales, sells its products under the brand names of Jai Kisan-Navratna and Navratna. As per the data available till March 31, the company has 4761 dealers in its network and more than 50 lakh farmer customers.
  • Talking about the financial position of the company, its net profit (Profit After Tax) has increased continuously. The company had earned a net profit of Rs 159 crore in the financial year 2018-19, Rs 193 crore in the financial year 2019-20 and Rs 223 crore in the financial year 2020-21. Talking about the last financial year 2021-22, the company had earned a net profit of Rs 362 crore in the nine months April-December 2021.

Ethos IPO

  • The Rs 472.79 crore IPO of luxury watch selling giant Ethos will open for subscription next week between May 18-20.
  • Under this issue, new shares worth Rs 375 crore will be issued and the remaining shares will be sold under OFS.
  • Face Value – Rs 10
  • Price Band – Rs 836-878 per share
  • Lot Size – 17 Shares
  • According to the upper price of the price band, investors will have to invest at least Rs 14926.
  • 50 per cent of the issue is reserved for QIBs, 35 per cent for retail investors and 15 per cent for NIIs.
  • The allotment can be final on May 25 and the listing can happen on May 30.
  • The money raised will be used for loan repayment, working capital requirements, opening of new stores and general corporate purposes.
  • This company sells watches under 50 premium brand names including Omega. It has 50 physical retail stores in 17 cities across the country. Talking about the financial health of the company, it made a net profit (Profit After Tax) of Rs 9.9 crore in the financial year 2019 while in the next financial year it has a net loss of Rs 1.3 crore. Happened. However, after this its health improved and in the financial year 2020-21 there was a net profit of Rs 5.8 crore. In the last financial year 2021-22, in April-December 2021, the company had a profit of Rs 16 crore.

eMudhra IPO

  • The Rs 412.79 crore IPO of the country’s largest licensed certifying authority eMudra will open for subscription between May 20-24.
  • Under the issue, new shares worth Rs 161 crore will be issued and the remaining shares worth Rs 251.79 crore will be sold through OFS window.
  • Face value – Rs 5
  • Price Band – Rs 243-256 per share
  • Lot Size- 58 Shares
  • According to the upper price of the price band, investors will have to invest at least Rs 14,848.
  • 50 per cent of the issue is reserved for QIBs, 35 per cent for retail investors and 15 per cent for NIIs.
  • The allotment may be finalized on May 27 and the date of listing has been fixed for June 1.
  • The proceeds from the sale of new shares will be used to pay off debt, meet working capital requirements, purchase machinery and other necessary expenses for proposed data centers in India and abroad, fund product development expenses, eMudra Inc. The investment will be made for general corporate purposes.
  • It is the largest licensed certifying authority in the country and its business is divided into two verticals Digital Trust Services and Enterprise Solutions. This company issues certificates for website authentication. Talking about the financial health of the company, in the financial year 2018-19, the company got Rs 17.44 crore, in the financial year 2019-20 Rs 18.42 crore, in the financial year 2020-21 Rs 25.36 crore and in the financial year 2021-22 (by December 2021). It had achieved a net profit of Rs 30.34 crore.
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