New Delhi: In the stock market, investors get many opportunities to invest. At the same time, through the IPO (Initial Public Offering), investors are getting a great opportunity to earn. Investors are getting excellent returns by investing in IPOs. At the same time, investors can earn great profits by investing in several IPOs in the coming days of the month of March.
Anupam Chemicals, a company that makes specialty chemicals, is bringing its IPO. The company’s Rs 760 crore IPO will open on March 12. The IPO price has been fixed at Rs 553-555. This IPO will close on 16 March. The company will use the proceeds from the IPO to pay the debt. This Surat-based company has reserved about 2.20 lakh shares for employees. Half the issue is reserved for institutional buyers, 35 percent for retail investors and 15 percent for non-institutional bidders.
Laxmi Organic Industries
The IPO of Laxmi Organic Industries will open on 15 March. Specialty chemicals manufacturer Laxmi Organics Industries has fixed a price of Rs 129-130 per share for an IPO of Rs 600 crore. The company’s IPO will close on March 17. The IPO will open for anchor investors on 12 March. Mumbai-based Lakshmi Organics is a manufacturer of chemicals such as acetyl intermediates and specialty intermediates. The proceeds from the IPO will be used to use working capital, build facilities for manufacturing new chemicals, update existing units and purchase plant and machinery. The company has customers in 30 countries including China, Russia, Singapore, UAE, UK and USA.
The IPO of engineering company Craftsman Automation Limited will open from 15 March. Through this, 824 crore rupees will be raised by the company. The company has fixed a price of Rs 1488-1490 per share for this IPO. This IPO will be closed on 17 March. Craftsman Automation is a diversified engineering company and provides engineering solutions for a wide range of industries.
Kalyan Jewelers’ IPO is scheduled to open on 16 March. 1175 crore rupees will be raised by the company. The company has kept the price band of its IPO at Rs 86-87 per share. The company’s IPO will close on March 18. The company will issue a fresh issue of Rs 800 crore through an IPO. At the same time, shares worth Rs 375 crore will be sold in the Offer for Sale (OFS).
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