Kalyan Jewelers shares will be allotted on March 23
Kalyan Jewelers shares will be allotted on 23 March. In the gray market, the stock is trading at Rs 2-4 above the issue price. Its issue price was 86-87 rupees. That is, its listing can be listed at a price of around 90-95 rupees. The company has raised Rs 1,175 crore through an IPO. Of this, fresh shares worth Rs 800 crore and shares worth Rs 375 crore were issued through OFS. Its IPO was subscribed 2.6 times.
The stock of Anupam Chemicals will be listed on March 24 for the first time this week. Its stock can be listed at a price of Rs 680, as the stock is trading at a premium of 22% in the gray market. Its issue price was fixed at Rs 553-555. That is, investors will get a profit of about 120-130 rupees on each share.
The IPO of BarbieQ Nation will be the 17th IPO of this year. It will be open from 24 March. The price of one share has been fixed at Rs 498-500. The company will issue fresh shares worth Rs 180 crore in the IPO to raise Rs 453 crore, while 54.6 lakh shares will be issued through Offer for Sale (OFS). Promoters and shareholders will sell their stake in OFS. This public issue will be open from 24 March to 26 March.
Lakshmi Organic's stock can be listed at a price of Rs 200 depending on the price going on in the gray market, with an issue price of Rs 129-130. Its listing can be on 25 March. At the same time, Kalyan Jewelers will be listed on 26 March.