NEW DELHI: Krishna Institute of Medical Sciences and Dodla Dairy, which recently concluded their initial public offerings, will make debut on the stock exchanges on Monday, information with bourses showed. The equity shares of these companies will be listed on the BSE and the National Stock Exchange (NSE). Krishna Institute of Medical Sciences (KIMS) successfully raised Rs 2,144 crore through its IPO, which included a little over Rs 955 crore that was mobilised from anchor investors. Dodla Dairy garnered Rs 520 crore from its public issue, including Rs 156 crore from anchor investors. The Rs 2,144-crore IPO of KIMS, which opened for subscription during June 16-18, was subscribed 3.86 times at a price band of Rs 815-825 per share.
Auto component maker Sona Comstar s Rs 5,550-crore IPO comprises fresh issue of shares amounting to Rs 300 crore and an offer-for-sale (OFS) aggregating up to Rs 5,250 crore by selling shareholder Singapore VII Topco III Pte Ltd, an affiliate of the Blackstone Group Inc.
Dodla Dairy, a leading dairy company in south India, on Friday said it has fixed a price band of Rs 421-428 a share for its Rs 520-crore initial share-sale, which will open for public subscription on June 16.
The grey market, or the unofficial market for trading in unlisted shares, is pricing each of these IPOs based on what value they may leave on the table for investors.