There is a great chance for you if you prefer to invest in initial public offerings. Seven businesses are bringing their IPOs this week. These range from a drone company to an IT company. Three of these businesses will go via the traditional route for their first public offerings. The remaining four businesses, however, will list their shares via the SME method. More than Rs 1600 crore would be raised from the market by each of these companies. Numerous businesses had already filed for an IPO. Investors generated huge profits in several of these IPOs. Let us tell you which companies will launch their initial public offerings this week.
The market will witness IdeaForge Technology, a manufacturer of drones, go public this week. On June 26, this IPO will begin trading. Up to June 29th, investors can invest in this. On July 7, the company's shares will be admitted to trading on the stock exchange. On June 27, the IPO of Cyient DLM, a division of the IT services provider Cyient, will begin. The IPO will end on June 30. The range for the pricing is Rs. 250–265 per share. The company anticipates receiving approximately Rs 592 crore in market funding. Next week will also see the start of PKH Ventures' initial public offering. On June 30, the IPO's bidding process will start. The IPO's closing date is June 4. Although the price band has not been announced yet.
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