Upcoming IPOs in April 2021: The stock market is constantly on the upswing. Meaning if an IPO is set up then only good profits can be made on the listing. Let the opportunity go by hand.
The month of April is going to be very good. In terms of earnings, you will get 6 times this month. Do not keep your account empty because, 6 IPOs are going to knock one after the other in the stock market. You can get good returns by investing money in these IPOs. The stock market is giving a continuous boom. Meaning if an IPO is set up then only good profits can be made on the listing. If you want to earn money from the market, then do not let this opportunity go by hand. Let us know which IPOs are going to enter the market.
KIMS Hospitals
Largest Corporate Healthcare Group of Andhra Pradesh and Telangana Region. The company has applied for an IPO. The company will hit the market with an IPO of 700 crore rupees. The company has told in the DRHP filed with SEBI that shares worth Rs 200 crore will be allotted in this issue. Promoters and company shareholders will offer 21,340,931 equity shares through OFS. There are 9 multi-specialty hospitals run under the KIMS brand. As of 31 December 2020, these hospitals have a capacity of about 3064 beds and this includes 2500 operational beds.
Sona Comstar
Auto component company Sona Comstar can also launch its IPO soon (IPOs in April 2021). The company plans to raise Rs 6000 crore from the market. 300 crore worth of fresh equity shares will be allotted in the company’s IPO. Blackstone’s subsidiary Singapore VII Topco III Pte Ltd will also sell 5700 crore rupees shares through OFS. The company was established in 1995. The head office of the company is in Gurgaon (Gurugram). The company is in the business of manufacturing, designing and supplying auto components. It also exports to America, Europe and China.
Seven Islands Shipping
SEBI has been approved for the IPO for Seven Islands Shipping. The company is in the logistics business. The company will raise Rs 600 crore from the IPO. In this, fresh equity shares worth Rs 400 crore will be issued. FIH Mauritius Investments will also sell shares worth 200 crore rupees through OFS. The Mumbai-based company has about 20 cargo ships.
Aadhar Housing Finance
Blackstone also has investments in mortgage finance company based housing finance. This company finances low-income people for housing. The company is also about to launch its IPO soon. At present, the company has applied for an IPO with SEBI. The size of the IPO can be 7300 crores. The foundation of Aadhaar Housing Finance was laid in 2010.
Macrotech developers
The IPO of Macrotech Developers will be launched on 7 April (IPOs in April 2021). There will be an opportunity for investors to invest in the IPO by 9 April. The company has fixed the price band from Rs 483 to Rs 486. The company was earlier known as Lodha Developers. New shares worth Rs 2,500 crore will be issued in the IPO of the macrotech developers. According to the planning of Macrotech, the money raised from the IPO will be used to reduce the borrowing of up to Rs 1,500 crore. Apart from this, the company will use Rs 375 crore to acquire land or develop land. The remaining amount will be spent on other expenses of the company’s business. It is the largest realty company in terms of residential sales value.
Dodla Dairy
This Hyderabad-based dairy company is also set to launch an IPO. Dodla Dairy will issue Rs 50 crore fresh equity shares through an IPO. Also, the promoters of the company will sell up to 1 crore equity shares through OFS.