There is good news for stock market investors as 5 IPO (Initial Public Offering.) is hitting the Indian market in the 3rd week of March, with more than Rs. 3,764 Cr. of the fund. The companies include Laxmi Organic Industries, Craftsman Automation Ltd., Kalyan Jewellers, Nazara Technologies Ltd., Saryoday small bank finance Ltd. strike back-to-back at the ending of the fiscal year 2020-2021.

Laxmi Organic Industries IPO opens today: All you need to know | Business  Standard News

Laxmi Organic Industries IPO of 600 cr. will subscribe on Monday, March 15, 2021. Laxmi Organic Industries is a Speciality chemical manufacturer focused on two key business segments Acetyl Intermediates and Speciality Intermediates. The company was incorporated in 1989 with the objective of manufacturing alcohol-based chemicals. In its early days, they focused primarily on the production of bulk chemicals. The company has maintained a constant focus on innovation, creativity, and speed, which has enabled it to meet new challenges and service new opportunities across the world. 

Some basic information of IPO:

IPO Opening Date15-March-2021
IPO Closing Date17-March-2021
Listed AtBSE, NSE
Issue TypeBook Build Issue IPO
Face Value₹ 2 per equity share
IPO Price₹ 129 to ₹130 per equity share
Market lot115 shares
Min order quantity115 shares
IPO Listing date25-March-2021

Currently, the company has two manufacturing units in Mahad (Maharashtra) for the manufacturing of AI and S.I products and planning to set-up a new facility at Lote parshuram (Maharashtra) to manufacture four specialty chemicals.

The company has global footprints with Laxmi organic Industries (Europe) B.V, Laxmi Petrochem (Middle East) FZE, and Laxmi Speciality Chemical (Shanghai) Co. Ltd., which export their products in more than 30 countries across the world.

Craftsman Automation IPO opens today, should you subscribe? Know here

Craftsman Automation Limited. Established in 1986, a Coimbatore-based engineering company has proposed to offer Rs. 824 Cr. in its IPO on 15-March-2021. The company operates in three segments, Automotive-Aluminium product, Automotive-Powertrain, and Industrial and Engineering division engaged in manufacturing material handling equipment, i.e., margin engines, crane kit, locomotive equipment, hoists, industrial gears, storage solution, etc. 

Some basic information of IPO:

IPO Opening Date15-March-2021
IPO Closing Date17-March-2021
Listed AtBSE, NSE
Issue TypeBook Build Issue IPO
Face Value₹ 5 per equity share
IPO Price₹ 1488 to ₹1490 per equity share
Market lot10 shares
Min order quantity10 shares
IPO Listing date25-March-2021

The company owns 12 state-of-the-art manufacturing facilities across seven cities of India. Its customer base includes Tata Motors, Ashok Leyland, Royal Enfield, Daimler India, Mahindra & Mahindra, TAFE Motors & Tractors Siemens, Escorts, VE Commercial Vehicles, Tata Cummins, etc.

Photos of Kalyan Jewellers, Netaji Subhash Place, New Delhi - magicpin

Kalyan Jewellers, one of the largest jewellery’ companies in India is going to offer IPO on 16-March-2021 for Rs. 1,175-crore in which new issue of Rs 800 crore and an offer for sale of Rs 375 crore by existing shareholders.

Since its inception in 2009, the Thrissur (Kerala) headquartered company has 137 showrooms across India and the Middle East.

The company generates a significant portion of revenues from gold jewellery, accounted for 74.77% in fiscal 2020, followed by studded (diamond and precious stone) and other jewellery segments.

Some basic information of IPO:

IPO Opening Date16-March-2021
IPO Closing Date18-March-2021
Listed AtBSE, NSE
Issue TypeBook Build Issue IPO
Face Value₹ 10 per equity share
IPO Price₹ 86 to ₹87 per equity share
Market lot172 shares
Min order quantity172 shares
IPO Listing date26-March-2021

Inspired by the trust they have earned across the varied market, they will soon be spending into the new market across the USA, Singapore, Malaysia, Sri Lanka, and more.

Nazara Technologies IPO Opens on Mar 17; Price Band Fixed At INR  1,100-1,101 Per Share

Nazara Technologies Limited. Mumbai-based, incorporated in 1999, is going to offer Rs. 582.91 crore at the upper band of the IPO. It is a leading India-based diversified gaming and sports media platform with a presence in India and across emerging and developed global markets such as Africa and North America, and offerings across the interactive gaming, eSports, and gamified early learning ecosystems.

They are popularly known for their World Cricket Championship(game), Chhota Bheem, and Motu Patlu series.

Some basic information of IPO:

IPO Opening Date17-March-2021
IPO Closing Date19-March-2021
Listed AtBSE, NSE
Issue TypeBook Build Issue IPO
Face Value₹ 4 per equity share
IPO Price₹ 1100 to ₹1101 per equity share
Market lot13 shares
Min order quantity13 shares
IPO Listing date30-March-2021
Suryoday Small Finance Bank raises funding from Gaja Capital, others -  Explorebit

Suryoday Small Finance Bank Ltd. is a leading Small Finance Bank (SFB) incorporated in 2008. Initially, the company was working as A Non-Banking Financial Company and started its SFB services in 2017. As of July 2020, the company had a customer base of 14.3 Lakhs, backed by 482 branches operating predominantly in urban and semi-urban areas. The amount offered in the IPO is Approx. Rs. 582.34 Cr.  

Some basic information of IPO:

IPO Opening Date17-March-2021
IPO Closing Date19-March-2021
Listed AtBSE, NSE
Issue TypeBook Build Issue IPO
Face Value₹ 10 per equity share
IPO Price₹ 303 to ₹305 per equity share
Market lot49 shares
Min order quantity49 shares
IPO Listing date30-March-2021

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