IPO

MTAR Technologies Ltd to launch it's IPO on 3rd March, 2021, at price band of ₹574-575 per share for its initial public offer. Initial Public Offer (IPO) will open for subscription on 3 March, the company aims to raise up to ₹600 Crore. The issue of 1,03,72,419 equity shares will close for subscription on March 5, while the anchor book, will open for a day on March 2. The initial public offering comprises a fresh issue of 21,48,149 equity shares by the company and an offer for sale of 82,24,270 equity shares by promoters and investors. This is the 9th IPO of 2021, after Indian Railway Finance Corporation , Indigo Paints , Home First Finance Company , Stove Kraft , Brookfield India REIT , Nureca , RailTel Corporation of India and Heranba Industries Ltd .

  Heranba Industries Ltd IPO Details Heranba Industries Ltd to launch its ₹625 Crore Initial Public Offering on February 23, 2021 at a price band of  ₹626-627. The offer will close on February 25, 2021. The issue comprises of a fresh issue of ₹60 crore and an offer for sale of 90.15 lakh equity shares by promoters Raghuram K Shetty & Sadashiv K Shetty. Investors can bid for a minimum of 23 equity shares and in multiples of 23 shares thereafter.. The company will utilise net fresh issue proceeds for working capital requirements. The company incorporated in 1996, Heranba Industries Limited is a Gujarat-based crop protection chemical manufacturer. It is one of the leading domestic producers of synthetic pyrethroids like cypermethrin, deltamethrin, lambda-cyhalothrin, etc. The company manufactures different types of pesticides including insecticides, fungicides, herbicides, and other pest control products.

  RailTel Corporation of India Limited IPO Details   The RailTel IPO open date is Feb 16, 2021, and the close date is Feb 18, 2021. Issue Offer is  at price band of ₹ 93-94, at ₹10 Face Value. RailTel IPO Tentative Timetable The company incorporated in September 2000, with the aim of modernising the existing telecom system for train control, operation and safety and to generate additional revenues by creating nationwide broadband and multimedia network by laying optical fiber cable by using the right of way along railway tracks. The company operated data centers in Gurugram, Haryana and Secunderabad, Telangana to host and collocate critical applications for customers including the Indian Railways. This would be the sixth initial public offerings this year, after Indian Railway Finance Corporation , Indigo Paints , Home First Finance Company , StoveKraft and Brookfield India Real Estate Trust .

  Nureca IPO: 100-Cr IPO To Open from 15th Feb to 17th Feb at Price band of Rs 396 - Rs 400 and Face Value of Rs. 10 Nureca Ltd is a digital first company,  led by Saurabh Goyal is the promoter of the company.  Firm sells its products through online channel partners such as e-commerce players, distributors and retailer. It also sells products through its   own website drtrust.in. Nureca is a B2C company engaged in the business of home healthcare and wellness products, which offers quality, durability, functionality, usability and innovative designs. The company enables its customers with tools to help them monitor chronic ailments and other diseases, to improve their lifestyle. Nureca limited IPO Details Company incorporated in 2016, Nureca Limited is a healthcare and wellness products distributor. The company aims to offer the best quality, durable, and innovative tools to customers to monitor chronic diseases to improve their lifestyle. The firm  has a we...

  Brookfield India Real Estate Investment Trust's  IPO Opens  Today.   Issue will close on February 5, 2021. The price band has been fixed at Rs 274 to Rs 275 per unit. Brookfield India REIT is the third Real Estate Investment Trust (REIT) to launch IPO after the successful listing of  Mindspace Business Parks REIT in 2020 and Embassy Office Parks REIT in 2019. Brookfield REIT is issuing shares aggregating up to Rs 3,800 crore. The company already raised Rs 1,710 crore from anchor investors. This will be the fifth IPO in the current year, after Indian Railway Finance Corporation , Indigo Paints , Home First Finance Company and Stove Kraft .