The Indian market is set to witness a significant influx of Initial Public Offerings (IPOs) and Offer for Sale (OFS) in the last week of June 2024. With various companies spanning different sectors entering the public domain, investors have a plethora of options to consider. This article delves into the specifics of these upcoming offerings, providing essential information that could guide potential investors in making informed decisions.
Overview of Upcoming IPOs and OFS
In the following table, we summarize the key details of the upcoming IPOs and the OFS scheduled for the last week of June 2024:
| Company Name | Type | Price Range (INR) | Start Date | End Date | Issue Size (Cr) |
|---|---|---|---|---|---|
| Allied Blenders & Distillers Ltd. | OFS | 267.0-281.0 | 25-06-2024 | 27-06-2024 | 1500.00 |
| Sylvan Plyboard (India) Ltd. | Intial Public Offer | 55.0 | 24-06-2024 | 26-06-2024 | 28.05 |
| Mason Infratech Ltd. | Intial Public Offer | 62.0-64.0 | 24-06-2024 | 26-06-2024 | 30.46 |
| Petro Carbon and Chemicals Ltd. | Intial Public Offer | 162.0-171.0 | 25-06-2024 | 27-06-2024 | 113.16 |
| Akiko Global Services Ltd. | Intial Public Offer | 73.0-77.0 | 25-06-2024 | 27-06-2024 | 23.11 |
| Shivalic Power Control Ltd. | Intial Public Offer | 95.0-100.0 | 24-06-2024 | 26-06-2024 | 64.32 |
| Divine Power Energy Ltd. | Intial Public Offer | 36.0-40.0 | 25-06-2024 | 27-06-2024 | 22.76 |
| Vraj Iron & Steel Ltd. | Intial Public Offer | 195.0-207.0 | 26-06-2024 | 28-06-2024 | 170.00 |
| Visaman Global Sales Ltd.Intial Public Offer | Intial Public Offer | 43.0 | 24-06-2024 | 26-06-2024 | 16.05 |
Detailed Analysis
- Allied Blenders & Distillers Ltd. (Offer for Sale)
- Price Range: INR 267.0-281.0
- Issue Size: INR 1500.00 Cr
- Period: 25th to 27th June 2024
- Overview: Allied Blenders & Distillers, a prominent name in the spirits industry, is offering shares through an Offer for sale. This move provides an opportunity for existing shareholders to sell their shares while giving new investors a chance to partake in a well-established company.
- Sylvan Plyboard (India) Ltd. (Initial Offer)
- Price Range: INR 55.0
- Issue Size: INR 28.05 Cr
- Period: 24th to 26th June 2024
- Overview: Specializing in plywood manufacturing, Sylvan Plyboard aims to expand its operations through this IPO. The affordable price point may attract retail investors looking for a long-term investment in the construction materials sector.
- Mason Infratech Ltd. (Initial Offer)
- Price Range: INR 62.0-64.0
- Issue Size: INR 30.46 Cr
- Period: 24th to 26th June 2024
- Overview: Mason Infratech, operating in the infrastructure development sector, offers an IPO to support its growth ambitions. The mid-range pricing suggests a balanced risk for potential investors.
- Petro Carbon and Chemicals Ltd. (Initial Offer)
- Price Range: INR 162.0-171.0
- Issue Size: INR 113.16 Cr
- Period: 25th to 27th June 2024
- Overview: This company, involved in the chemical manufacturing sector, presents a higher price point reflective of its robust business model and potential for substantial returns.
- Akiko Global Services Ltd. (Initial Offer)
- Price Range: INR 73.0-77.0
- Issue Size: INR 23.11 Cr
- Period: 25th to 27th June 2024
- Overview: Akiko Global Services, offering a range of logistics and service solutions, is seeking capital infusion through this IPO to enhance its operational capabilities.
- Shivalic Power Control Ltd. (Initial Offer)
- Price Range: INR 95.0-100.0
- Issue Size: INR 64.32 Cr
- Period: 24th to 26th June 2024
- Overview: Operating in the power control equipment sector, Shivalic Power Control is launching an IPO to boost its market presence and expand its production capabilities.
- Divine Power Energy Ltd. (Initial Offer)
- Price Range: INR 36.0-40.0
- Issue Size: INR 22.76 Cr
- Period: 25th to 27th June 2024
- Overview: Focused on renewable energy solutions, Divine Power Energy’s IPO offers an opportunity to invest in the growing green energy sector at an attractive price point.
- Vraj Iron & Steel Ltd. (Initial Offer)
- Price Range: INR 195.0-207.0
- Issue Size: INR 170.00 Cr
- Period: 26th to 28th June 2024
- Overview: This company is poised to attract significant attention with its IPO, given the crucial role of iron and steel in various industries. The higher price range reflects its established market position and growth potential.
- Visaman Global Sales Ltd. (Initial Offer)
- Price Range: INR 43.0
- Issue Size: INR 16.05 Cr
- Period: 24th to 26th June 2024
- Overview: Specializing in global sales and distribution, Visaman Global Sales is aiming to utilize the IPO proceeds to enhance its market reach and operational efficiency.
Investment Considerations
When considering these investment opportunities, potential investors should take into account the following factors:
- Company Fundamentals: Understanding the financial health and market position of each company is crucial. Reviewing balance sheets, income statements, and growth projections can provide insights into the viability of the investment.
- Industry Trends: Each company operates in different sectors, from renewable energy to infrastructure development. Staying informed about industry trends can help predict future performance.
- Risk Appetite: The range of prices and issue sizes reflects different levels of risk and potential return. Investors should align their choices with their risk tolerance and investment goals.
- Economic Conditions: Broader economic conditions, including interest rates, inflation, and government policies, can impact the performance of these companies post-IPO.
The upcoming IPOs and OFS in the last week of June 2024 present a diverse array of investment opportunities across various sectors. Whether it’s the stable, established presence of Allied Blenders & Distillers through its OFS or the growth potential of startups like Divine Power Energy Ltd., investors have the chance to diversify their portfolios. By carefully analyzing each offering and considering the broader economic context, investors can make strategic decisions that align with their financial objectives.