SMEs Double Up, Investors Await.!

frame SMEs Double Up, Investors Await.!

Sindujaa D N
In the upcoming week, the domestic stock market is set to witness the opening of Initial Public Offerings (IPOs) for four companies, including two Small and Medium-data-sized Enterprise (SME) IPOs, collectively aiming to raise over Rs 2000 crore.

Juniper Hotels IPO:

The most prominent IPO scheduled for the week is from Juniper Hotels, a company operating five-star hotels under the Hyatt brand. This Rs 1,800 crore IPO will be open from february 21 to february 23, with a price band set at Rs 342 to Rs 360. The IPO involves entirely fresh equity, and the proceeds will primarily be utilized for loan repayment.


GPT Healthcare IPO:

GPT Healthcare, based in Kolkata, operates medium-data-sized multi-specialty hospitals under the ILS Hospitals brand. The IPO for this company is set to open on february 22 and close on february 26. The company has not disclosed information about the price band and lot data-size for the IPO.


SME IPOs:

Two SME IPOs are also on the agenda for the week – Zenith drugs IPO and Dream Roll Tech IPO. Zenith drugs IPO is valued at Rs 40.6 crore, open from february 19 to february 22. Dream Roll Tech's IPO is set to open on february 20 and close on february 22, with a data-size of Rs 29 crores.


Listing of Shares:

During the previous week, two IPOs opened on the mainboard. Antero Healthcare Solutions' shares were listed on Friday, and the shares of Vibhor Steel are scheduled to be listed in the coming week. Additionally, there will be the listing of six new shares on the SME platform.

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