For the past year, one IPO after another has been coming to India's primary market. The dominance of IPOs is starting again from this week of the new year. Subscription for a total of 6 IPOs will begin this week. This includes one mainboard IPO and 5 SME IPOs. Additionally, the IPO subscription of Bharat Coking Coal Limited, a subsidiary of Coal India, will continue on Monday and Tuesday.
Amagaai Media Labs IPO: This company will raise Rs 1,788 crore from the market through the IPO. Of this, Rs 816 crore will be raised through a fresh share issue. Rs 972 crore will be raised through offer-for-sale. Its price band per share is Rs 343 to Rs 361. Subscription for this IPO will begin on Tuesday, January 13.
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Abhna Electrosystems IPO: This company is bringing an IPO with the aim of raising Rs 35 crore 22 lakh from the market. For this, it will issue 52 lakh fresh shares, and 8 lakh shares will be released in the market through offer-for-sale. Its price band per share is Rs 56 to Rs 59. Subscription for this company will run from January 12 to 14.
Normadesh Brass Industries: This company will raise Rs 44 crore 87 lakh from the market through the IPO. Subscription for this company will begin on January 12. Its price band per share is Rs 515.
Indo SMC IPO: This company will raise Rs 91 crore 95 lakh from the market through the IPO. For this, 62 lakh fresh shares will be issued. This company's price band per share is Rs 141 to Rs 149. Subscription for this company's IPO will begin on January 13.
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GRE Renew Inertech IPO: This company will issue 38 lakh fresh shares to raise Rs 39 crore 56 lakh from the market. Its price band per share is Rs 100 to Rs 105. Subscription will begin from January 13.
Armour Security India IPO: This company will raise Rs 26 crore 51 lakh through the IPO. For this, 47 lakh fresh shares will be issued. Subscription for this IPO will begin on January 14. Its price band per share is Rs 55 to Rs 57.
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