Between September 7 and September 15, 11 main-board companies are coming with their IPOs. There is a preparation to raise a total of Rs 7,055 crore from the market through these issues. These include names like furniture rental startup Rentomojo, Karamtara Engineering and Kanohar Electricals. Of the total Rs 7,055 crore to be raised from the market, 61% of the funds to be raised will be through OFS, 39% from the fresh issue. Out of the total Rs 7,055 crore to be raised from the market, two types of shares will be issued: The week will start from Pranav Constructions on 7th September. The first IPO of the week will be of the real estate company Pranav Constructions: IPOs of 3 companies will come on 8th September. On Tuesday, companies from three different sectors are coming with their issues: On 9th September. IPOs of 6 companies will open and close on 11th. Veegaland Developers’ issue will open on 10th September. The last IPO of the week will open on 10th September and will close on 15th September: The number of companies listed this year will reach 75. With these 11 issues, the number of main-board companies that have launched IPOs so far in the year will reach 75. The IPOs of ‘Rage of Belief’ and ‘Deepa Jewellers’ have already come on 1st September. In August, 23 companies had come up with their IPOs. Knowledge Box – What is the difference between fresh issue and OFS? Investor Guide – 3 things to check before betting in IPO
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IPO of 11 companies will come in the stock market next week: Preparation to raise ₹7,055 crore; See full list
