The stir in the country's stock market is going to be fast soon. The capital market regulator SEBI has given the green signal to bring IPO to 13 companies in just a week. This means that in the coming days, investors are going to get many new opportunities, in which they will be able to invest in emerging and big companies of the country.
These 13 companies include well-known companies like Urban Company, Boat, Juniper Green Energy, Ravi Infrabuild, and Omnitech Engineering. Apart from this, pharma, recycling, logistics and some other companies of the jewelery sector are also preparing to raise capital through their IPO.
Urban Company, a well -known company in the domestic service sector, applied for IPO of Rs 1,900 crore earlier this year. Now it has got the approval of SEBI. This offer will include a new issue of Rs 429 crore and an offer of Rs 1,471 crore. Under OFS, old investors of the company such as Accel, Elevation Capital, Tiger Global and Vy Capital will sell some of their stakes.
Imagine Marketing, the original company of earphones and smartwatches company BOAT, has also got IPO approval. This IPO will be around Rs 2000 crore, which includes a new issue of Rs 900 crore and OFS of Rs 1100 crore. Boat submitted documents for IPO only in 2022.
Energy sector company Juniper Green Energy is also among those who get approval from SEBI. This company will bring a full fresh issue of Rs 3,000 crore. At the same time, the construction sector company Ravi Infrabuild Projects are also in a plan to raise capital through an IPO of Rs 1,100 crore, which will repay its loans and buy new machines. The Omnitech Engineering of the technology sector is also ready with an IPO of Rs 850 crore, out of which 520 crore will be raised through new issues and the rest of the O.S.
The company called Jain Resource Recycling is in a plan to raise Rs 2,000 crore, while the logistics company Om Freight Forwarders are also ready for the issue of about 100 crores. Alkem Lifescienes in the pharma region has also got the green signal from SEBI. The company will release new shares and offs to raise Rs 190 crore.
Apart from this, companies like Corona Remedies, Pace Digitech, Mauri Tech and Priority Jewels have also got IPO approval. Some of these companies are going on with the target of raising from Rs 900 crore to Rs 1500 crore.
