Initial public offerings (IPOs) of at least five companies, including state-owned Railtel and Burger King (India), are expected to reach the stock market by next month. 10 thousand crores from these IPOs. Market experts say investors can earn better from the IPOs of upcoming companies. Take a look at the IPO of companies coming up next month i.e. December.
1. Railtel Limited IPO
Government Railway is launching IPO next month. Railtel was founded in 2000 as a mini gem company. Railtel has the status of miniratna. It is one of the largest telecom infrastructure companies in the country. It is the only company with the exclusive right to put optic fiber networks along railway lines. By June 30, 2020, a total of 55 thousand kilometers were covered by the nationwide fiber network, including 5,677 railway stations. According to data from the market, the Railtel market is worth Rs 700 crore.
2. Burger King (India)
Restaurant chain Burger King India’s IPO will reach the stock market on December 2. The price range of the bidding stock under the company’s IPO is set at Rs 59-60 per share. Burger King’s Indian subsidiary is worth Rs 810 crore. It will issue new shares worth Rs 450 crore. The company opened its first restaurant in India in November 2014. Today the company has 261 restaurants in 17 states and union territories in India. These restaurants are located in 57 cities. For sale
3. Kalyan Jewelers
1750 crores through Kalyan Jewelers IPO. According to Kalyan Jewelers, the IPO is worth Rs 1,000 crore. And Rs 750 crore for sale. 142.2 crore for the financial year 2019-20.
4. Home First Finance
Home First Finance Rs. HomeFirst is active in the affordable housing category. The company has grown at an annual rate of 50 percent for the past four years.
5. ESF Small Finance
The ESAF Small Finance Bank has raised Rs 1000 crore from the IPO. According to the CRISIL report, ELAF Small Finance Bank is active in 16 states and one Union Territory of the country. It has a network of 403 branches and 38 smaller branches serving 37.3 lakh customers.
What is an IPO?
IPO is the process by which companies raise money from investors in exchange for their shares (shares). The company is also listed on the stock market.
Keep these things in mind before investing
– Check company valuation
– Do as much research as you can.
– You must have a demat account for investment
– Get to know the promoters ’information and management team
– Don’t get caught up in the cheap business, gather complete information about the company
Reliance Industries, Infosys and Airtel fell in the market range
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