InvestorQ : What are the key IPOs that I can invest in the current week ending 10-December?
Moii Chavate made post

What are the key IPOs that I can invest in the current week ending 10-December?

Answer
image
Tisha Malhotra answered.
7 months ago
Follow

This looks like a busy week for IPOs with 4 IPOs opening during the week from a broad spectrum of industries and business models. Here is a quick dekko.

1) The Rategain Travel Technologies IPO opens on Tuesday, 07-December and closes on 09-December. Rategain will look to raise Rs. 375 crore via fresh issue and Rs.960.74 crore via offer for sale (OFS). The price band for this Rs.1,335.74 crore is fixed at Rs.405 to Rs.425. The company is a SAAS-based provider of travel and leisure solutions.

2) Shriram Properties IPO opens for subscription on Wednesday, 08-December and closes on 10-December. The IPO looks to raise Rs. 250 crore as fresh issue and Rs.350 crore as OFS. The price band for the Rs.600 crore issue has been fixed at Rs.113 to Rs.118. Shriram Properties focuses on mid and affordable cost housing in South India.

3) C.E. Info Systems is better known by its popular brand, MapmyIndia. This IPO opens on 09-December and closes for subscription on 13-December. The entire IPO will comprise of an offer for sale of Rs.1,039.61 crore with price band fixed in the range of Rs.1,000 to Rs.1,033. It is a leading provider of digital maps, geospatial software and IOT services.

4) India’s leading organized shoe retailer, Metro Brands, will open its IPO on Friday, 10-December and close on 14-December. The IPO will comprise a fresh issue of Rs.295 crore and OFS of Rs.1,072.51 crore. The Rs.1,367.51 crore issue has fixed the price band between Rs.485 and Rs.500. Metro operates 598 stores across 136 cities in India.

31 Views