There is less excitement in the stock market on the first day of the week. However, TCS, IDFC, and Thomas Cook among a few others are trying to change that by making early gains fuelled by decision-making and market reactions.
This means that it is high time for you to start making wise investments. One of the ways you can do it is by investing in stocks. So, here is a list of four upcoming IPOs that you need to watch out for this week:
Concord Biotech IPO: The biotech firm, based out of Ahmedabad is all set to launch its IPO for subscription on August 4th, 2023. Shares of Concord Biotech will be launched on NSE and BSE. Concord Biotech is backed by Rakesh Jhunjhunwala’s firm Rare Enterprise and private equity firm Quadria Capital. The company has set August 17, 2023, as the day for listing the shares.
SBFC Finance IPO: Priced between 54-57 per share, SBFC Finance will open for subscription on August 3, 2023. The company is issuing fresh equity worth 600 crore rupees. The company has set August 16, 2023, as the day for listing the shares. SBFC Finance is a non-banking finance company.
Oriana Power IPO: Orion Power an MSME providing green energy solutions is all set to launch its IPO for subscription on August 01, 2023. Priced between 115-118, the company plans to raise 60 crore rupees through its IPO. The company has set August 11, 2023, as the day for listing the shares
Vinsys IT IPO: Vinsys IT provides IT skill development, training, and certification. The company works through eight entities in India apart from having a presence in the US and Middle Eastern markets. The company has priced per share between 121-128 rupees. Investors can also bid for 1000 shares in one lot. The company has set August 14, 2023, as the day for listing the shares.
