Investment Tips Today: An IPO occurs when a firm is listed for the first time on the stock market. Investors can open a path to earning in the stock market even through an IPO in this circumstance. Three initial public offerings (IPOs) will now occur over the next few days, which will help investors get rich.
Upcoming IPO: People are particularly drawn to the stock market because it offers great earning potential. The stock market offers numerous profit chances concurrently. An initial public offering (IPO) occurs when a firm is first listed on the stock market. Investors can open a path to earning in the stock market even through an IPO in this circumstance.
Investment Tips Today, Three initial public offerings (IPOs) will now occur over the next few days, which will help investors get rich.
Sula Vineyards, Landmark Cars, and Abans Holdings are the three companies bringing their IPOs. A total of Rs 1,858 crore is anticipated to be raised across the board from the three IPOs.
The wine producer Sula Vineyards and Abans Holdings, the financial services division of the Abans Group, will launch their initial public offerings on December 12, according to information provided through the stock exchange.
In addition, the company Landmark Cars will begin selling its initial shares on December 13.
All three IPOs are coming to market at a time when interest rates are high, according to Ankit Yadav, founder, and director of Market Maestro. In general, there are greater opportunities to profit from IPOs when interest rates are low.
A total of 2,69,00,532 equity shares from promoters, investors, and other shareholders will be offered for sale in the Sula Vineyards IPO. The company has set an IPO price of between Rs. 340 and Rs. 357 per share to do this.
The company is anticipated to receive Rs 960.35 crore if the IPO is purchased at the highest end of this pricing range.
38 lakh new shares will be issued through an IPO by Abans Holdings. Abhishek Bansal, the company’s promoter, will present a purchase offer for 90 lakh shares at the same time. The company has set a price range of Rs 256 to 270 per share for the IPO. Rs 345.6 crore will be raised if the IPO’s highest price range is purchased.
The IPO for the business will end on December 15.
In addition, Landmark Cars are bringing an IPO for Rs 552 crore. Through the IPO, new shares of Rs 150 crore will be issued, and there will also be a Rs 402 crore offer for sale. The price range for the IPO has been set at Rs 481 to 506 per share at the same time. The BSE and NSE stock exchanges will list the shares of these three companies.