IPO Blitz: Three Companies Set To Drive Primary Market With ₹6,400 Crore This Week freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
Aadhar Housing Finance, Indegene, TBO Tek set to drive primary market with ₹6,400 crore IPO blitz this week thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
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.