Three Ipos worth ₹2387 Crore to go public next week. Details here:

Upcoming IPOs: While LIC IPO applicants await the insurance giant’s IPO next week, three more IPOs (Initial Public Offerings) – Paradeep Phosphates IPO, Ethos IPO and eMudhra IPO – will hit the primary market next week. According to the information available on the BSE website, the subscription to Paradeep Phosphates IPO will open on May 17, 2022, while Ethos IPO and EMudhra IPO will open on May 18 and May 20, respectively. These three public issues together aim to: 2387 crore from which Paradeep Phosphates is IPO size 1501 crore, Ethos IPO size is: 472 crore and eMudhra IPO aims to raise approx 412 crore.

Here we list important details regarding the three upcoming IPOs:

1]Paradeep Phosphates IPO: Then the public expense is worth it 1,501 crore will open on May 17, 2022 and will remain open for bidding until May 19, 2022. The non-urea fertilizer maker has set the IPO price range of Paradeep Phosphates at 39 to 42 per share of shares. A bidder may request the public offering in lots and one lot of the Paradeep Phosphates IPO will comprise 350 company shares. The public offer is proposed to be listed on both NSE and BSE. Tentative dates for Paradeep Phosphates’ IPO listing is May 24, 2022, while the most likely date for Paradeep Phosphates’ IPO listing is May 27, 2022.

2]Ethos IPO: The public issue will be open for subscription on May 18, 2022 and subscription will remain open until May 20, 2022. Price range of the public issue worth 472 crore has been set at 836 to 878 per share of stock. A bidder may request the public offering in lots and one lot of the Ethos IPO will comprise 17 company shares. The public offer is proposed to be listed on both NSE and BSE. The tentative dates for the Ethos IPO allotment are May 25, 2022, while the most likely IPO date of Paradeep Phosphates is May 30, 2022.

3]eMudhra IPO: The public issue will open for subscription on May 20, 2022 and will remain open for subscription until May 24, 2022. Price range of the public issue worth 412 crore has been set at 243 to 256 per share of stock. One bidder will be able to request the public offering in lots and one lot of the eMudhra IPO will comprise 58 company shares. The public offer is proposed to be listed on both NSE and BSE. Tentative dates for the Ethos IPO allotment are May 27, 2022, while the most likely IPO date for eMudhra is June 1, 2022.

Share allotment announcement for Prudent Corporate IPO, Venus Pipes IPO and Delhivery IPO is also expected next week. So a lot of action is expected in primary markets next week.

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