How to place your capital across 4 IPOs lined up this week?

No image 13th December 2022 - 04:04 pm
Listen icon

For the week starting 02 August, there are a total of 4 IPOs lined up with all the 4 IPOs opening for subscription on 04 August and closing on 06 August. 

What you need to know about the 4 IPOs?

Here is a gist of the 4 IPOs slated to tap the market on 04 August.

Devyani International IPO (franchisee for bands like KFC, Pizza Hut and Costa Coffee) is tapping the IPO market to raise Rs.1,838 crore. While Rs.440 crore will be the fresh issue component, Rs.1,398 crore will be offer for sale to give exit to shareholders. Devyani offers a solid play on the fast growing QSR segment in India.

Krsnaa Diagnostics IPO (into B2B diagnostics) is raising Rs.1,213 crore. While Rs.400 crore will be the fresh issue component, Rs.813 crore will be an offer for sale. It will use the funds for expansion of its pan-India diagnostic network.

Windlas Biotech IPO (into pharma manufacturing CDMO) is raising Rs.402 crore. While Rs.165 crore will be the fresh issue component, Rs.237 crore will be an offer for sale to shareholders. CDMO is one of the fastest growing verticals in pharmaceuticals.

Exxaro Tiles IPO (manufacturer of vitrified tiles) is tapping the IPO market to raise Rs.161 crore. While Rs.134 crore will be the fresh issue component, Rs.27 crore will be an offer for sale. Exxaro has leadership in the glazed vitrified tiles segment.

In terms of IPO size, Devyani International and Krsnaa Diagnostics are the biggest. They are in the fast-growing QSR and diagnostics space respectively. Investors can spread their investment across IPOs as the BSE IPO index has been an outperformer in last 16 months.

How do you rate this article?

Characters remaining (1500)

FREE Trading & Demat Account
Resend OTP
Resend OTP
''
''
Please Enter OTP
By proceeding, you agree T&C*
Mobile No. belongs to

IPO Related Articles

Hariom Atta & Spices IPO Allotment Status

by Tanushree Jaiswal 22nd May 2024

Rulka Electricals IPO Allotment Status

by Tanushree Jaiswal 22nd May 2024

Quest Laboratories IPO Allotment Status

by Tanushree Jaiswal 21st May 2024

Go Digit IPO Allotment Status

by Tanushree Jaiswal 21st May 2024

Indian Emulsifier IPO Allotment Status

by Tanushree Jaiswal 17th May 2024

Want to Use 5paisa
Trading App?