₹6,000 crore amid ongoing general elections in the country. Also read: Indegene IPO: What does GMP signal ahead of share listing on Monday? “What's noteworthy is the robust domestic inflow, particularly with retail investors showing keen interest in equity markets. This surge in retail participation is empowering issuers to confidently launch IPOs in May," said Mahavir Lunawat, Managing Director, Pantomath Capital Advisors Pvt.
Ltd. In the coming week, the market will witness opening of six new public issues, one in mainboard and five small and medium enterprise (SME) issues. Furthermore, around 12 new IPOs will also make their market debut in the upcoming week.
Go Digit IPO will be opening for subscription on May 15, 2024 and closes on May 17, 2024. Virat Kohli and Anushka Sharma backed company's IPO is a book built issue of ₹2,614.65 crores and is a combination of fresh issue of 4.14 crore shares aggregating to ₹1,125.00 crores and offer for sale of 5.48 crore shares aggregating to ₹1,489.65 crores. Also read: Go Digit IPO: At ₹7 crore, Virat Kohli, Anushka Sharma to make multibagger return of 263% on issue launch The price band of the IPO has been fixed at ₹258 to ₹272 per share.
ICICI Securities Limited, Morgan Stanley India Company Pvt Ltd, Axis Capital Limited, HDFC Bank Limited, IIFL Securities Ltd, and Nuvama Wealth Management Limited are the book running lead managers for the Go Digit IPO, with Link Intime India Private Ltd appointed as the registrar for the issue. Veritaas Advertising IPO opens for subscription on May 13, 2024 and closes on May 15, 2024. The SME IPO is a book built issue of ₹8.48 crores and is entirely a fresh issue of 7.44 lakh shares.
Read more on livemint.com