IPOs Next Week: Yatharth Hospital IPO to Shri Techtex IPO; Five Issues Open, Two Listing to Keep Primary Market Buzzing

Dhanya Nagasundaram

Several companies are opening for subscription and getting listed on the stock exchange this week, including Yatharth Hospital, Service Care, Asarfi Hospital, Yasons Chemex Care, Khazanchi Jewellers, Innovatus Entertainment, and Shri Techtex.

IPOs Next Week: It looks like both main board and SME IPOs in July will be good for the primary market. Moving on, the last week of this month is also full of listing and IPO topics that you can subscribe to. Let’s take a look at some of the companies that are opening for subscriptions and getting listed on the bourses this week.

Yatharth Hospital and Trauma Care Services Ltd

The Yatharth Hospital IPO will start taking applications on July 26 and end on July 28. For the planned initial public offering, the company has set the price range for equity shares at between 285 and 300.

The auction for anchor buyers will start on Tuesday, July 25. Yatharth Hospital’s initial public offering (IPO) includes a new round of shares worth 490 crore and an offer by Vimla, Prem Narayan, and Neena Tyagi to sell 65.51 lakh stock shares.

Yatharth Hospital has set aside not less than 35% of the offer for Retail Investors, not more than 50% for Qualified Institutional Buyers (QIB), and not less than 15% for Non Institutional Investors (NII).

Bids can be made for at least 50 equity shares and then in increments of 50 equity shares. Each piece of stock has a face value of 10.

On August 2, the final rules for giving out shares will be set. On August 3, the company will start giving back money, and on August 4, the allottees’ demat accounts will be paid with the shares. On Monday, August 7, Yatharth Hospital and Trauma Care Services shares are expected to start trading on the BSE and NSE.

Service Care Ltd

The Service Care IPO is an initial public offering (IPO) for a small or medium-sized business (SME). It includes a fresh stock issue of up to 30.86 lakh shares for a maximum of 20.68 crore. The price range for the sale was between 63 and 67 per share.

The company plans to use the money from the offering for general business needs and for more working cash.

The NSE SME will list Service Care shares on Wednesday, July 26. On Friday, July 21, shares in the Service Care SME IPO were given out. On Tuesday, July 25, those who were given shares will get them in their Demat accounts. People who didn’t get shares will start getting their money back on Monday, July 24.

The Service Care IPO was subscribed 6.44 times on the final day.

Asarfi Hospital Ltd

Asarfi Hospital’s initial public offering (IPO) is a new sale of 51,80,00 stock shares worth up to 26,94 crore. The company has set the price range for the IPO between 51 and 52 per equity share. On Thursday, July 27, the share will be listed on the BSE SME market.

The company plans to use the money from the offering to reach the following goals, such as paying for some of the costs of building a cancer hospital in Ranguni, Jharkhand. Leasing land in Ranchi, Jharkhand, for general business use and for the Health Management and Research Institute.

On Monday, July 24, shares in the Asarfi Hospital SME IPO will be given out. On Wednesday, July 26, those who were given shares will get them in their Demat accounts. People who didn’t get shares will start getting their money back on Tuesday, July 25.

On the last day, 195,14 people signed up for the Asarfi Hospital IPO.

Yasons Chemex Care Ltd

Yasons Chemex Care’s initial public offering (IPO) will start on Monday, July 24, and end on Wednesday, July 26. The company has set the price band for the IPO at 40 per equity share, and the share will be listed on the NSE SME market on Thursday, August 3.

The Yasons Chemex Care IPO, which is worth 20.57 crore, is a totally new issue; there is no offer for sale (OFS) part. The new money from the IPO will be used for the company’s general needs and to meet the company’s operating capital needs.

On Monday, July 31, Yasons Chemex Care SME IPO shares will be given out. On Wednesday, August 2, those who were given shares will get them in their Demat accounts. People who didn’t get shares will start getting their money back on Tuesday, August 1.

Khazanchi Jewellers Ltd

The Khazanchi Jewellers IPO will start taking orders on Monday, July 24, and end on Friday, July 28. The company has set the price band for the IPO at 140 per equity share, and on Monday, August 7, the share will be listed on the BSE SME market.

Khazanchi Jewellers’ initial public offering (IPO), which is worth 96.74 crore, is a totally new issue. There is no offer for sale (OFS) part. The company plans to use the net proceeds from the offering to pay for (a) capital expenses for the new showroom, (b) inventory costs for the new showroom, to meet the higher working capital needs of the current operations, and (c) general corporate purposes. The new store will be in Chennai, which is in the state of Tamil Nadu.

On Monday, July 31, Khazanchi Jewellers SME IPO shares will be given out. Those who were given shares will get them on Friday, August 4, in their Demat accounts. People who didn’t get shares will start getting their money back on Thursday, August 3.

Also Read: Khazanchi Jewellers SME IPO Hits Street: All You Need to Know

Innovatus Entertainment Networks Ltd

The public offering of shares (IPO) for Innovatus Entertainment will start on Tuesday, July 25, and end on Thursday, July 27. The company has set the price band for the IPO at 50 per equity share, and on Friday, August 4, the share will be listed on the BSE SME market.

The initial public offering (IPO) for Innovatus Entertainment has a total size of 774,00,000, which is made up of newly issued stock shares. The company plans to use the net money from the offering to pay for a number of things, such as meeting extra needs for working cash, buying items for an exhibition, and meeting basic business needs.

On Tuesday, August 1, shares in the Innovatus Entertainment SME IPO will be given out. Those who were given shares will get them on Thursday, August 3, in their Demat accounts. People who didn’t get shares will start getting their money back on Wednesday, August 2.

Shri Techtex Ltd

The registration period for the Shri Techtex IPO will start on Wednesday, July 26, and end on Friday, July 28. The company has set the price range for the IPO between 54 and 61 per equity share. On Monday, August 7, the share will be listed on the NSE SME market.

With its IPO, Shri Techtex wants to raise 45–50 crore. The company plans to use the net proceeds from the offering to pay for projects like building a factory shed, starting a solar farm, buying equipment, meeting working capital needs, meeting general business goals, and covering the costs of going public.

On Wednesday, August 2, shares from the Shri Techtex SME IPO will be given out. Those who were given shares will get them on Friday, August 4, in their Demat accounts. People who didn’t get shares will start getting their money back on Thursday, August 3.

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3 thoughts on “IPOs Next Week: Yatharth Hospital IPO to Shri Techtex IPO; Five Issues Open, Two Listing to Keep Primary Market Buzzing”

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  3. Pingback: Yatharth Hospital IPO Closes Today : GMP, Subscription Status, Should You Apply or Not?

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