Two IPOs will open next week for listing in the stock market. These include Premier Energies Limited and ECOS Mobility & Hospitality Limited. Let’s know about the IPOs of both the companies.
Premier Energies Limited
Premier Energies has set a target of Rs 2,830.40 crore through IPO. The company is issuing 28,697,777 shares worth Rs 1,291.40 crore. The company’s investors are selling 34,200,000 shares worth Rs 1,539 crore through Offer for Sale.
You can invest in this IPO from 27 August to 29 August. The shares will be listed on the National Stock Exchange and Bombay Stock Exchange on September 3. The price band of this share is Rs 427-450. Retail investors can bid for a minimum of 33 shares. At the same time, you can apply for a maximum of 429 shares.
ECOS Mobility & Hospitality Ltd
The company wants to raise Rs 601.20 crore through IPO. For this, the investors of the company are selling 18,000,000 shares through Offer for Sale. Fresh shares are not being issued in this IPO.
You can bid on this IPO from 28 August to 30 August. The shares will be listed on NSE and BSE on 4 September. The company has fixed the price band at Rs 318-334. Retail investors can bid for a minimum of 44 shares. At the same time, you can apply for a maximum of 572 shares.
