Get your money ready, you’ll have the chance to invest in three IPOs next week.

New Delhi, the IPO market is booming in the year 2024. Hardly a week goes by without an IPO launch. Next week will also give you an opportunity to invest in three IPOs. In the new trading week, two IPOs are slated to open in the mainstream segment and one in the SME segment. Amcure Pharmaceuticals, Bansalwire and Ambe Laboratories will try to raise Rs 2,700 crore from the market through a public issue.

The Emcure Pharmaceuticals IPO will open on July 3.
Emcure Pharmaceuticals’ initial public offering will open on July 3. Investors can bid for it till July 5. The issue price band has been fixed at Rs 960 to Rs 1008 per share. Through this IPO, the company will issue new shares worth Rs 800 crore and promoters and existing investors will sell 1.14 crore shares under Offer for Sale (OFS).

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Bansal Wire IPO
Bansal Wire’s IPO will also open on July 3 and close on July 5. The company plans to raise Rs 745 crore through the issue. 35% of the issue is reserved for retail investors. The company has fixed a price band of Rs 243 to Rs 256 per share for the issue. Investors can place their bids for a minimum of 58 shares. The company will use the proceeds from the issue to repay its debt.

Emby Laboratories IPO
This SME segment IPO will open for subscription on July 4 and close on July 8. The company will seek to raise Rs 45 crore through this issue. In the issue, new shares worth Rs 62.5 lakh will be issued and there will be an offer for sale (OFS) of 3.12 lakh shares. The issue price of the IPO has been fixed at Rs 65 to Rs 68 per share. Investors can bid for a minimum of 2000 shares.

(Disclaimer: Investing in IPOs is subject to market risks. If you want to invest in any of them, consult a certified investment advisor first. News18 does not accept any profit or loss you may have. shall not be liable for damages.)

Tags: business news, IPO, Stock market