More IPO earning opportunities are also coming. In early May, the IPO of Powergrid Infrastructure Investment Trust (INVIT) (power grid InvIT IPO April 2021) came and received 4.83 times the application till Monday on the last day. According to the National Stock Exchange data, 2,05,40,48,700 bids were received for 42,54,25,000 units in an issue of Rs 7,735 crore.
Apart from this, around 12 IPOs will enter the market in Q1 of this financial year. Last year, the Initial public offerings saw a market of 39 thousand crore rupees. Most IPOs were listed at a good premium.
Bidding for the category of institutional investors was 4.63 times while that for other investors category was 5.07 times. The IPO consists of new shares worth Rs 4,993.48 crore. At the same time, shareholders offered a sale of Rs 2,741.50 crore. The price offered was 99 to 100 rupees per unit.
The IPO of Power Grid Infrastructure Investment Trust was opened on 29 April. Power Grid Infrastructure Investment Trust (Powergrid Invit) is owned by Power Grid Corporation of India. This was the first issue of an investment by a public sector company.
IPO can come from these companies
1: Krishna Institute of Medical Sciences (KIMS) Hospitals is also launching its IPO. The company has given preliminary papers to Sebi for an IPO of Rs 700 crore. The company is among the largest corporate healthcare groups in Andhra Pradesh and Telangana. According to the file DRHP with Sebi, the issue involves fresh shares worth Rs 200 crore. Also, the promoters and existing shareholders will sell 21340931 shares.
2: Sona BLW Precision Forgings (Sona Comstar) is a vehicle parts company. It plans to raise Rs 6000 crore. Blackstone’s subsidiary Singapore VII Topco III Pte Ltd will sell the shares for Rs 5700 crore. The company was formed in 1995. It is the flagship auto technology company of Gurugram. The company also exports to the US, Europe, and China.
3: Aadhar Housing Finance is an IPO mortgage financier. It caters to the housing finance needs of the lower-income group. The company will bring an IPO of 7300 crore rupees. It has submitted draft papers with SEBI. Aadhaar Housing Finance was formed in 2010. It is a Blackstone investment company.
4: Hyderabad Dodla Dairy is also set to launch an IPO. Dodla Dairy will hold 50 crore shares in the IPO. The promoters of the company will sell around 1 crore shares through it.
5: Seven Islands Shipping is a Bourne Logistics Company. It has already received approval from SEBI for an IPO of Rs 600 crore. It consists of shares worth Rs 400 crore. Also, FIH Mauritius Investments will sell shares worth Rs 200 crore. The Mumbai-based company has about 20 ships.
These IPOs will also come
Apart from these companies, Rolex Rings, Paras Defense, and Space Technologies, Utkarsh Small Finance Bank, Seaborne Logistics, Arohan Financial Services, Monte Carlo, Seven Islands Shipping, Exxaro Tiles, and GoAir are expected to come out with IPOs.
Also Read: POWERGRID INVIT’S IPO OPENS FOR SUBSCRIPTION, KNOW PRICE OF THE SHARE
 is a vehicle parts company. It plans to raise Rs 6000 crore. Blackstone's subsidiary Singapore VII Topco III Pte Ltd will sell the shares for Rs 5700 crore. The company was formed in 1995.){kind=link}