Concord Biotech, backed by the late ace investor Rakesh Jhunjhunwala s firm RARE Enterprises, is among the companies launching their IPOs. Concord issue opens for subscription on August 4
The next week is set to be busy for Dalal Street with five IPOs, including both main board and SME, to hit primary markets. SBFC Finance s IPO has a price band of INR54-INR57 per share, raising INR600 crore and issuing fresh equity of shares. Concord Biotech, backed by private equity firm Quadria Capital, will launch its IPO on 4 August and close on 8 August. In the SME market, Oriana Power, Vinsys IT Services India, and Yudiz Solutions offering IPOs.
Vinsys IT Services will launch its IPO on August 1 and it will be open for public subscription until August 4. The company offers training and certifications, project management, and technology training for the IT industry to become an accredited training service provider. Its IPO will consist of 38.94 lakh equity shares
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