IPO News: Share Market Will Be Buzzing Next Week with SBFC Finance, Oriana Power, Concord Biotech IPOs

01 Aug, 2023

Recent successful IPOs on the Indian stock market include Senco Gold, Utkarsh Small Finance Bank, and Nuweb Technologies. This provided investors with significant returns. The IPO investor may potentially benefit greatly from this week.

Great Week For Investors

Five companies will also launch their initial public offerings this week. These comprise the Mainboard IPO and the SME IPO. This list includes businesses like Yudiz Solutions, Concord Biotech, Vinsys IT, Oriana Power, and SBFC Finance. In terms of the IPO for SBFC Finance, it is an NBFC.

The non-banking financing firm SBFC financing's initial public offering (IPO) will accept investments starting on Thursday, August 3. Through an IPO, SBFC Finance will issue additional equity shares for 600 crores. The SBFC Finance IPO's current total offer size is Rs 1,025 crore. On Friday, August 4, biotechnology company Concord Biotech will begin accepting subscriptions for its first public offering. Only 2.09 crore equity shares will be offered for sale through this issuance by Quadria Capital-managed private firm Helix Investment Holdings Pte Ltd. Small and Medium Enterprise IPO for Oriana Power. On Tuesday, August 1, subscriptions to the issue will go on sale. For its initial public offering, the company set a price range of 115 to 118 per equity share.

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