Benchmark indices ended lower on Friday. Sensex fell 733 points to 73,878 and Nifty lost 172 points to 22,475. Here s a look at stocks likely to remain in action next week.
The IPO comprises fresh equity issue worth up to Rs 750 crore and offer for sale (OFS) of up to 2.93 crore equity shares by existing investors. Under the OFS, Manish Gupta, Rajesh Bhaskaran Nair, Anita Nair, Carlyle, Brighton Park Capital, Nadathur Family Office, among others will offload shares.
Indegene will launch its IPO on May 6, Aadhar Housing Finance and TBO Tek on May 8. All three companies will cumulatively raise just over Rs 6,000 crore through their issues.
Indegene IPO | The public issue will open for subscription on May 6 and the last day will be May 8. This would be the first initial public offering to launch in May.
Unlisted shares of Indegene Ltd are trading Rs 170 higher in the grey market, expecting a 37.61 per cent listing gain from the public issue, Indegene IPO Price Band Set At Rs 430-Rs 452, To Open On May 6: Check GMP Today