IPOs That Will Keep The Upcoming Days Busy

Awfis Space Solutions

Awfis Space Solutions IPO which is trying to book built issue of Rs 598.93 crore, opens for subscription on May 22 and closes on May 27. This IPO is a combination of a fresh issue of 0.33 crore shares aggregating to Rs 128 crores and an offer for sale of 1.23 crore shares aggregating to Rs 470.93 crores.

One Mobikwik Systems Ltd

MobiKwik, is among one of the leading fintech companies with mobile wallets and Buy Now Pay Later (BNPL) players in the country. The company is coming with the issue size of Rs 1,900 crore which includes a fresh issue of Rs 1,500 crore and OFS of Rs 400 crore. However, the date for the launch of IPO is yet to be announced.

Balaji Solutions

Balaji Solutions operates as an IT hardware & peripherals and mobile accessories company. The IPO includes a fresh issue of Rs 120 crore and OFS of 75 lakh Equity Shares. The date of listing is yet to be announced.

WAPCOS

WAPCOS Limited is a Public Sector Unit under the ownership of the Ministry of Jal Shakti which offers engineering consultancy services to construction sectors. The IPO is likely to open in 2024 itself. However, the price band, lot size and dates are yet to be announced.

Enviro Infra Engineers

The company builds and manages Water and Wastewater Treatment Plants. Though the issue date for the IPO is not yet announced but it is clear that the IPO includes a fresh issue of 95,00,000 Equity Shares.

Lohia Corp

The company makes machinery and equipment used in the production of technical textiles. The IPO includes an Offer-for-Sale (OFS) of 31,695,000 Equity Shares Equity Shares. The company has a market share of 17.5% across all Raffia machinery and 28.7%+ market share for machines used in PP/ HDPE fabric making at a global level.

IndiaFirst Life

IndiaFirst Life Insurance Limited is among one of the fastest growing private life insurance companies in India. Bank of Baroda promotes to company. The IPO includes a fresh issue of Rs 500 crore and an Offer-for-Sale (OFS) of 141,299,422 Equity Shares. The launch date of the IPO is yet to be announced.