Upcoming IPO: Investors Buzzing as Three High-Potential IPOs Gear Up for Launch Next Week- Next week, the investment landscape is set for a flurry of activity as three promising companies prepare to debut on the stock market through Initial Public Offerings (IPOs). With anticipation running high, investors are eager to seize the opportunity presented by these IPOs, which offer a chance to capitalize on potential earnings. Let’s delve into the details of these upcoming IPOs and what they mean for investors.
Upcoming IPO: Investors Buzzing as Three High-Potential IPOs Gear Up for Launch Next Week
Juniper Hotels IPO:
Juniper Hotels, known for its luxury accommodations, will kick off its IPO from February 21 to February 23. This IPO will only offer new shares, with no shares being sold by existing shareholders through the Offer for Sale (OFS) window. Juniper Hotels has set a price band of ₹342-360 per share for its IPO, aiming to raise ₹1,800 crores. The lot size for retail investors is 40 shares, with a 10% reservation for retail investors.
GPT Healthcare IPO:
GPT Healthcare Limited is set to launch its IPO from February 22, with anchor investors getting access a day earlier on February 21. The IPO is scheduled to close on February 26. The company operates medium-sized multi-specialty hospitals under the ILS Hospital brand. Alongside the issuance of 40 crore new shares, private equity firm BanyanTree Growth Capital II will offer 2.6 crore shares for sale. The listing of shares is slated for February 29 on both the BSE and NSE.
Vibhor Steel Tubes Listing:
In addition to the IPOs, investors are eyeing the listing of Vibhor Steel Tubes on February 20. The IPO witnessed robust subscription, with an oversubscription of 298.86 times across all categories. The IPO received bids for a total of 107 crore shares against the offer size of 35.92 lakh shares. Priced in the range of ₹141-151 per share, the IPO is poised to reveal its profitability to investors post-listing.
Conclusion:
As the market gears up for these upcoming IPOs and listing, investors are presented with a spectrum of investment opportunities across diverse sectors. With companies like Juniper Hotels, GPT Healthcare, and Vibhor Steel Tubes poised to make their mark, investors are encouraged to conduct thorough research and analysis before making investment decisions. These IPOs not only signify potential growth prospects but also contribute to the dynamism of the market, offering avenues for both retail and institutional investors to participate in India’s economic journey. Stay
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