Overall, the bulls are likely to maintain their strong hold over Dalal Street though there may be volatility and consolidation due to the monthly expiry of February futures & options contracts scheduled on February 29.
Juniper Hotels, owned by Saraf Hotels and Hyatt Hotels Corporation, will debut on the bourses on February 28, while the trading in GPT Healthcare equity shares will commence with effect from February 29.
Juniper Hotels debuts on February 28, while trading in GPT Healthcare will commence from February 29. The Rs 1,800-crore public issue by Juniper Hotels was subscribed just 2.08 times.
Around six new initial public offerings (IPO), including three in mainboard and three small and medium enterprise (SME), are set to hit Dalal Street in the upcoming week.
Sadhav Shipping IPO: The net proceeds from the public offer will be used for repayment of debt, funding capex, to meet working capital requirements and for general corporate purposes.