Upcoming IPOs This Week: 9 Public Issues, 6 Major Listings to Hit D-Street

IPO Calendar: The primary market will remain busy this week with 2 mainboard IPOs and 4 SME issues. Major economic data, including the CPI inflation report, will also be released this week

Ajax Engineering

Price Band: Rs 599 to Rs 629 per share

Issue Size: Rs 1,269 crores

Bidding Period: Feb 10- Feb 12

Listing Date: Feb 17 (Monday)

Use of Proceeds: The issue entirely consists of an OFS, thus the company will not receive any proceeds.

Hexaware Technologies

Price Band: Rs 674 to Rs 708 per share

Issue Size: Rs 8,750 crores

Bidding Period: Feb 12- Feb 14

Listing Date: Feb 19 (Wednesday)

Use of Proceeds: The issue entirely consists of an OFS

Quality Power

Price Band: TBD

Issue Size: Fresh issue of Rs 225 crore alongside OFS

Bidding Period: Feb 14- Feb 18

Listing Date: Feb 21 (Friday)

Use of Proceeds: Funding capex and inorganic growth via acquisitions alongside other general corporate purpose

Chandan Healthcare

Price Band: Rs 151 to Rs 159 per share

Issue Size: Rs 107 crore

Bidding Period: Feb 10- Feb 12

Listing Date: Feb 17 (Monday)

Use of Proceeds: Building new reference laboratories and a new flagship diagnostic centre in UP

PS Raj Steels

Price Band: Rs 132 to Rs 140 per share

Issue Size: Rs 28 crore

Bidding Period: Feb 12- Feb 14

Listing Date: Feb 19 (Wednesday)

Use of Proceeds: Addressing the working capital requirements of the company

Maxvolt Energy Industries

Price Band: Rs 171 to Rs 180 per share

Issue Size: Rs 54 crore

Bidding Period: Feb 12- Feb 14

Listing Date: Feb 19 (Wednesday)

Use of Proceeds: Repayment of loans, funding capex to purchase plant and other necessary machinery

LK Mehta Polymers

Price Band: Rs 71 per share

Issue Size: Rs 7.34 crore

Bidding Period: Feb 13- Feb 17

Listing Date: Feb 21 (Friday)

Use of Proceeds: General corporate purpose and support additional working capital requirement

Voler Car

Price Band: Rs 85 to Rs 90 per share

Issue Size: Rs 27 crore

Bidding Period: Feb 12- Feb 14

Listing Date: Feb 19 (Wednesday)

Use of Proceeds: General corporate purpose and funding working capital requirements

Shanmuga Hospital

Price Band: Rs 54 per share

Issue Size: Rs 20.6 crore

Bidding Period: Feb 13- Feb 17

Listing Date: Feb 20 (Thursday)

Use of Proceeds: Funding capex requirements and for general corporate purpose