Brace Up For All IPOs Launching This Week: Price Bands, Valuations & More

The IPO market is set to observe a bustling week ahead as four organizations have arranged to send off their IPOs in the period and are supposed to get over Rs 4,500 crore on the whole through their public contributions.

These four organizations incorporate DCX Systems, Global Health, Fusion Micro Finance and Bikaji Foods International. The organizations range from different industry fragments, including medical care and monetary administrations.

Here's separating key insights regarding the Initial public offerings of the four organizations.

DCX Systems

The leading electronic sub-systems and cable harnesses manufacturer will launch its IPO on Oct 31 and close the offer on Nov 2, with a price band set at Rs 197-207/share.

The company has already raised Rs 225 crore from anchor investors, with 12 investors participating in the anchor book. It plans to mop up nearly Rs 500 crore through the public issue.

Global Health

The healthcare company will launch its IPO on Nov 3 until Nov 7. It plans to raise about Rs 2,205 crore through the bid and has set a price band for the offer at Rs 319-336 per share.

Kotak Mahindra (NS: KTKM ) Capital, Jefferies India, Credit Suisse (SIX: CSGN ) Securities and JM Financial (NS: JMSH ) are among the top managers for the leading IPO issue.

Fusion Micro Finance

The Warburg Pincus-backed microfinance lender will launch its IPO for public subscription from Nov 2-4, opening the bidding for anchor investors on Nov 1.

It expects to mop up to Rs 1,104 crore through the bid and has set the price band at Rs 350-368/share. ICICI Securities (NS: ICCI ), CLSA India, IIFL Securities and JM Financial are the leading managers for the public issue.

Bikaji Foods

The leading ethnic snacks company will open its IPO for subscription from Nov 3-9 and plans to raise nearly Rs 900 crore from the bid. The price band will likely be announced in the week ahead.