5 SME IPOs open for subscription today. All you need to know before subscribing
Here's all you need to know about these IPOs
<div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-112124536»> Bulkcorp International IPO
The SME IPO of Bulkcorp International is completely a fresh equity sale of 19.78 lakh shares and is priced in the range of Rs 100-105 apiece.
The company is planning to raise around Rs 20.78 crore through the issue, which closes on August 1. The stock is commanding a hefty premium of 80% over the issue price in the unlisted market.
In the public offer, about 50% is reserved for qualified institutional buyers, 35% for retail investors and the rest 15% for non-institutional investors.
Swastika Investmart is the book running lead manager for the IPO, while Kfin Technologies Limited is the registrar.
Sathlokhar Synergys IPO
Sathlokhar Synergys' Rs 93 crore IPO includes a fresh equity issue of 66.38 lakh shares, where the company is offering at Rs 133-140 apiece.
Also Read: Ola Electric IPO opens on August 2: 10 key points for investors
Investors can bid for 1000 shares in one lot and in multiples thereafter. In the unlisted market, the shares are commanding a GMP of 64% to the issue price.
About 50% of the public offer is reserved for qualified institutional buyers, 35% for retail investors and the rest 15% for non-institutional investors.
GYR Capital Advisors is the book running lead manager of the IPO and Purva Sharegistry India is the registrar.
Kizi Apparels IPO
The initial public offer (IPO) of Kizi Apparels opened for subscription today and will close on August 1. The company will raise around Rs 5.58 crore through the issue.
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