Upcoming IPOs in India 4 companies file papers for public offers worth nearly Rs 3500 crore Rahee Infratech Varindera Constructions Sambhv Steel Tubes Aditya Infotech stock market news

2 hours ago 1

It's raining archetypal nationalist offers (IPOs) erstwhile again connected Dalal Street. With galore marketplace participants having already chased a fig of IPOs and galore adjacent booked stunning listing gains, 4 much companies person filed their papers with superior marketplace regulator Securities and Exchange Board of India (SEBI) for their IPO proposals amounting to arsenic overmuch arsenic Rs 3,470 crore. The 4 companies hail from a divers acceptable of concern areas including railway civilian engineering, engineering, procurement and operation (EPC) activities, speciality alloy pipes, and information surveillance systems. All 4 IPOs are projected to beryllium combinations of caller issuance arsenic good arsenic offers for merchantability (OFS), according to the papers.

Here are important details to cognize astir the 4 companies looking to pat the IPO way for capital:

Aditya Infotech IPO

Aditya Infotech's projected stock merchantability comprises caller issuance of Rs 500 crore and an OFS of Rs 800 crore by promoters.

The institution offers a scope of precocious video information and surveillance products, technologies, and solutions for endeavor and user segments nether its marque CP PLUS.

Varindera Constructions IPO

EPC institution Varindera Constructions' projected IPO comprises caller issuance worthy Rs 900 crore and an OFS of Rs 300 crore by promoters.

Sambhv Steel Tubes IPO

Sambhv Steel Tubes plans to motorboat a nationalist connection amounting to Rs 550 crore, comprising caller issuance to the tune of Rs 440 crore.

The institution is simply a shaper of electrical absorption welded alloy pipes and structural tubes.

Rahee Infratech IPO

Kolkata-headquartered Rahee Infratech, an integrated railway civilian engineering, manufacturing, and operation firm, plans to rise funds done caller issuance worthy Rs 420 crore, and an connection for merchantability (OFS) of 27.8 lakh equity shares by its promoters.

Catch each the latest stock marketplace updates here. For each different quality stories successful buzzing categories similar technology, automobiles and idiosyncratic finance, and overmuch more, visit Zeebiz.com.

*** Disclaimer: This Article is auto-aggregated by a Rss Api Program and has not been created or edited by Nandigram Times

(Note: This is an unedited and auto-generated story from Syndicated News Rss Api. News.nandigramtimes.com Staff may not have modified or edited the content body.

Please visit the Source Website that deserves the credit and responsibility for creating this content.)

Watch Live | Source Article