Innova Captab IPO is a combination of fresh issue of equity shares worth up to Rs 400 crore, and an offer-for-sale (OFS) of up to 9,600,000 equity shares by the promoter and selling shareholders.
AIK Pipes IPO to open, Innova Captab IPO listing in Top News on December 22: Share market, Bank Nifty outlook, Samsung Galaxy A15 5G and Samsung Galaxy A25 5G launch in India also in focus.
Amongst the IPOs and listings, all eyes will be on the eight listings scheduled in the coming truncated week in the mainboard segment, though the action will be more in the SME segment.
Innova Captab IPO price band is fixed at Rs 426-448, and at the upper end, the company plans to raise Rs 570 crore. Investors can bid for 33 shares in 1 lot and multiples thereafter. About 50% of the offer is reserved for qualified institutional buyers, 35% for retail investors and the rest 15% for non-institutional investors.
Innova Captab IPO is a combination of a fresh issue of equity shares worth up to Rs 400 crore, and an offer-for-sale (OFS) of up to 9,600,000 equity shares by the promoter and selling shareholders.