IPO: This week, initial public offers (IPOs) of many small and medium companies are going to come. Due to the IPO of many companies knocking in the market this week, investors have a good opportunity to invest money. Out of the companies whose IPOs are going to open this week, the IPOs of 2 companies are going to open today from Monday.
The names of these companies are Khazanchi Jewelers and Yasons Camex Care. Both the companies are bringing their public offer in the stock market today and are adopting this IPO route to meet various needs.
Know the main things about the IPO of both the companies
The IPO of Khazanchi Jewelers is opening for subscription to investors from today, 24 July. This IPO will open from today 24th July and will close on Friday 28th July. The company plans to raise Rs 92 crore through the IPO. For this, the company has fixed the price of shares in the issue at Rs 140 per share.
Investors can apply for at least 1000 equity shares and the shares of this company can be listed on BSE. Mark Corporate Advisors is the Lead Manager for Khazanchi Jewellers’ IPO while Cameo is the Registrar of Corporate Services.
Yasons Camex Care IPO
The IPO of die manufacturer Yasons Camex Care SME opens for subscription to investors from today, July 24, and will close on Wednesday, July 26. The company has fixed the price band for the IPO at Rs 40 per share. The shares of this company will be listed on NSE SME Emerge.
Why is the company bringing IPO
The company plans to raise Rs 20.57 crore through the IPO and only fresh issue shares will be issued in this. The amount raised from this publish issue will be used to meet the working capital requirements.
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