The primary market is set for an action-packed week as a series of new public issues prepare to hit Dalal Street. Starting on August 6, Brainbees Solutions, the operator behind Firstcry, will launch its significant Rs 4,194-crore initial public offering (IPO), while Unicommerce eSolutions, a SaaS platform, will also open its Rs 277-crore IPO on the same day.
In addition, Ceigall India will close its public issue on August 5, with Ola Electric Mobility's IPO concluding on August 6. The SME segment will see its share of activity with Aesthetik Engineers opening its IPO on August 8, and Dhariwalcorp wrapping up its IPO on August 5, with trading for its shares starting on August 8. Afcom Holdings and Picture Post Studios will also finish their initial share sales on August 6, with their shares debuting on August 9.
The listing of shares for SMEs will include Kizi Apparels, Sathlokhar Synergys E&C Global, Ashapura Logistics, Rajputana Industries, and Bulkcorp International on August 6. Trading for Utssav Cz Gold Jewels will commence on August 7, while Dhariwalcorp’s shares will start trading on August 8, and Picture Post Studios and Afcom Holdings will make their debut on August 9.
Brainbees Solutions Ltd, which operates omnichannel businesses of kidswear under the brand name FirstCry, has set a price band of Rs440-465 a share for its initial public offerings.
The issue opens on August 6, with anchor bidding starting on August 5. The IPO closes on August 8. The allotment basis will be determined on August 9, refunds and shares will be credited to accounts on August 12, and the firm will list on August 13.
Unicommerce eSolutions
Snapdeal-owned SaaS company Unicommerce eSolutions, which had filed a DRHP in January 2024, is planning to launch an offer-for-sale (OFS) of 2,98,40,486 equity shares, with no fresh issue component.
The OFS comprises of up to 1.15 croreequity shares by AceVector (formerly known as Snapdeal), up to 22.1 lakh equity shares by B2 Capital Partners, and up to 1.62 crore equity shares by SB Investment Holdings (UK).
IIFL Securities and CLSA India are the merchant bankers to the Unicommerce IPO.
Aesthetik Engineers
Aesthetik Engineers IPO is a book built issue of Rs 26.47 crores. The issue comprises of fresh issue of 45.64 lakh shares. Aesthetik Engineers IPO opens for subscription on August 8, 2024 and closes on August 12, 2024.
Aesthetik Engineers Limited provides design, engineering, fabrication, and installation of architectural façades, aluminum doors and windows as well as railings, stairs and Glassfibre Reinforced Concrete for hospitality, residential, commercial and infrastructure projects.
IPOs Closing Next Week
Ceigall India and Ola Electric Mobility's IPOs will will close their maiden public issues on August 5 and 6, respectively.
Further, the IPOs by Afcom Holdings and Picture Post Studios which launched on August 2 are set to close on August 6.
Listings
On the listing front, Akums Drugs and Pharmaceuticals will debut on the bourses on August 6, and Ceigall India on August 8, while the much-awaited listing of Ola Electric shares will take place on August 9.
The SME (Small and Medium Enterprise) platform of the BSE and NSE will see nine listings next week. Kizi Apparels, Ashapura Logistics, Rajputana Industries, Bulkcorp, and Sathlokhar Synergys E&C Global will list on August 6.
Utssav Cz Gold Jewels will list on August 7, while Dhariwalcorp shares will debut on August 8. Following this, Afcom Holdings and Picture Post Studios will list on Friday, August 9.
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