Feb 6, 2024
By: Sourabh Jain
Credit: Company
Three companies are all set to raise a total of ₹1,693.07 crore from the primary market on February 7. The IPOs will close on February 9. Here’s everything you need to know about the three IPOs.
Credit: Canva
Out of the three IPOs, Rashi Peripherals is looking to raise the biggest amount at ₹670 crore.
Credit: Rashi Peripherals
Rashi Peripherals is a major pan-India distributor of technology products. The company sells, provides comprehensive services and provides warranty management for information and communications technology (ICT) products.
Credit: Canva
The price band for the Rashi Peripherals IPO is fixed at ₹295 to ₹311 per share with a lot size of 48 shares and multiples thereof.
Credit: Canva
Jana Small Finance Bank is an SFB looking to raise ₹570 crore from the market. Out of this, ₹450 crore is a fresh issue and ₹73.07 crore is an offer for sale.
Credit: Jana SFB
Jana Small Finance Bank Limited is a non-banking finance company that provides MSME loans, housing loans and term loans.
Credit: Canva
The price band for the Jana SFB IPO is fixed at ₹393 to ₹414 per share with a lot size of 36 shares and multiples thereof.
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Capital Small Finance Bank is another SFB looking to raise ₹523.07 crore from the IPO. Out of this, ₹462 crore is a fresh issue and ₹108 crore is an offer for sale.
Credit: Capital SFB
Capital Small Finance Bank Limited is a small finance bank with a presence in semi-urban and rural areas. It caters to middle-income customer segments.
Credit: Canva
The price band for the Capital Small Finance Bank IPO is fixed at ₹445 to ₹468 per share with a lot size of 32 shares and multiples thereof.
Credit: Unsplash