scorecardresearch
Watch out for these upcoming IPOs in August, 2021
PANORAMA

Watch out for these upcoming IPOs in August, 2021

SLIDE 1
  • 1/7

Devyani International Ltd 

Devyani International Ltd is the largest franchisee of Yum Brands and among the largest quick-service restaurants (QSR) chain operators in India with 655 stores across 155 cities all over the country. Yum Brands Inc operates many fast food brands i.e. Pizza Hut, KFC, and Taco Bell. The IPO opening is due on Aug 4, 2021 and Closing date is Aug 6, 2021. The IPO consists of a fresh issue of equity shares worth Rs 440 crore and an offer-for-sale of up to 155,333,330 equity shares by the promoter and existing shareholder. The two main objects of the Issue are repayment and/or prepayment of company's borrowings fully or partially and general corporate purposes.

SLIDE 2
  • 2/7

Windlas Biotech Ltd. 

Windlas Biotech Ltd is one of the leading companies in the pharmaceutical formulations contract development and manufacturing organizations (CDMO) segment in India. The IPO Opening is on Aug 4, 2021 and Closing date is Aug 6, 2021.The IPO comprises fresh issuance of equity shares worth ₹165 crore and an offer for sale of up to 5,142,067 equity shares. The objective of the IPO is to purchase equipment required for capacity expansion of their existing facility at Dehradun Plant IV and to  finance incremental working capital requirements of the company.

SLIDE 3
  • 3/7

Exxaro Tiles Ltd.

Exxaro Tiles is engaged in the manufacturing and marketing activities of vitrified tiles. The IPO Opening is on Aug 4, 2021 and Closing date is Aug 6, 2021.Objects of the Issue are to make repayment or prepayment of secured borrowings availed by the company and to meet working capital requirements as well as general corporate purposes. The company management plans to raise ₹161.09 crore from this public issue.

SLIDE 4
  • 4/7

Krsnna Diagnostic Limited 

Krsnaa Diagnostics Ltd is one of the fastest-growing diagnostic chains in India. The company offers a wide range of diagnostic services such as imaging/radiology services (X-rays, MRI, etc.), routine clinical laboratory tests, pathology, and tele-radiology services to private and public hospitals, medical colleges, and community health centres. The IPO Opening is on Aug 4, 2021 and Closing date is Aug 6, 2021.The company is expecting an issue size of Rs 1,213.33 crore on the opening day. The company IPO's fresh issue was listed as aggregating up to Rs 400 at Rs 5 per equity share while the offer for sale (OFS) was listed as Rs 813.33 crore with 8,525,520 equity shares with the same face value of Rs 5 per share.The net proceed from the IPO will be used to finance the cost of establishing diagnostics centres at Punjab, Karnataka, Himachal Pradesh, and Maharashtra.

SLIDE 5
  • 5/7

CarTrade Tech  Ltd 

CarTrade Tech Ltd is a multi-channel auto platform provider company. The company operates various brands such as CarWale, CarTrade, Shriram Automall, BikeWale, CarTradeExchange, Adroit Auto, and AutoBiz. The IPO Opening is on Aug 9, 2021 and Closing date is Aug 11, 2021. The public issue of up to 1,85,32,216 equity shares is a complete offer for sale by existing selling shareholders. The company aims to utilise the net proceeds to carry out an offer for sale as well as to achieve the benefits of listing the Equity Shares on the stock exchanges.

SLIDE 6
  • 6/7

Nuvoco Vista Corporation Ltd

Nuvoco Vista Corporation Ltd, a part of Nirma Group Company is among one of the largest cement companies and concrete manufacturers in India. It offers a diversified range of products such as cement, Ready-mix Concrete (RMX), and modern building materials i.e. adhesives, wall putty, dry plaster, cover blocks, and more. The opening date is yet not announced but it will be possibly in the upcoming weeks of august . Nuvoco Vistas is looking to raise ₹5,000 crore through a fresh issue of shares worth ₹1,500 crore and an offer for sale by promoters worth ₹3,500 crore. The company looks to repay borrowings worth ₹1,350 crore with the net proceedings. 

SLIDE 7
  • 7/7

Paras Defence and Space Technologies Ltd.

Paras Defence and Space Technologies Ltd. is focused on the Design, Development, Manufacturing, Testing & Commissioning of Products, Systems and Solutions having Defence & Space Applications. The public issue comprises fresh issue of shares worth Rs 120 crore and an offer-for-sale (OFS) of up to 17.24 lakh shares by promoters and existing shareholders. The opening date is yet not announced but it will be possibly in the upcoming weeks of august.