Transrail Lighting Limited IPO...
19 Dec 2024
Upcoming IPOs in February 2023
Here are a few of the businesses that are most likely to go public this month, along with an estimation of their IPO worth.
| Name of the Company | IPO Size | IPO Opening Date | IPO Closing Date |
|---|---|---|---|
| Cyient DLM Limited | Rs. 740 crores | To be announced | To be announced |
| J.G.Chemicals Limited | Rs. 202.5 crores | To be announced | To be announced |
| Rishabh Instruments Limited | Rs. 75 crores | To be announced | To be announced |
As a potential investor, you should learn more about the business issuing the public offering and the specifics of their planned IPO. Continue reading to learn more.
1. Cyient DLM Limited
Cyient DLM Limited, a 1993 corporation, offers Electronics Manufacturing Services (EMS) to a variety of companies that work in industries including aerospace, medical technology, and industrials, among others. Cyient DLM offers engineering and design services in addition to manufacturing services.
The business intends to raise Rs. 740 crores through a new share offering through its impending IPO. The entity's promoters have not included an Offer for Sale (OFS) component. The business intends to apply the full sum to its working capital needs, capital expenditures, and debt reduction.
2. J.G.Chemicals Limited
J.G. Chemicals Limited, one of the largest producers of zinc oxide in India, was founded in 2001. As of March 2022, the firm had an unbeatable market share of more than 30%, placing it in a strong position to capitalise on its position as the industry leader and experience steady growth going forward.
The company's anticipated IPO consists of both a new share issuance and an offer for sale from its promoters. J.G. Chemicals Limited expects to generate roughly Rs. 202.5 crores through the new issuance, while the proprietors of the company expect to sell up to 57,00,000 equity shares through the OFS.
3. Rishabh Instruments Limited
In 1982, Rishabh Instruments Limited was formed in Mumbai. The company has been producing devices for electrical automation, measurement and metering, and precision engineering since it was founded.
A new offering of shares worth Rs. 75 crores is included in Rishabh Instruments' IPO. In addition, the public offering includes an Offer for Sale (OFS) from the company's promoters, in which approximately 94,17,500 equity shares are anticipated to be sold.
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