2 Companies Set To Open IPOs Tomorrow, Check Price Band & Other Details

IPOs or initial public offerings mean that companies are going to get listed on the stock markets. Here, two companies have been discussed those are set to open for IPOs tomorrow. Check details here.

Global Health Limited

The three-day initial public offering (IPO) of Global Health Limited is set to open for public subscription tomorrow, November 3, 2022. The IPO will close on Monday, November 7, 2022. The company operates and manages hospitals under the Medanta brand. The IPO consists of a fresh issue of equity shares aggregating to Rs. 500 crore and an offer for sale (OFS) of up to 5.08 crore equity shares. The issue price of the IPO Rs. 319 to Rs. 336, with a 44-lot size.

Bikaji Foods

The IPO issue of Bikaji Foods will be open on November 3, and it will conclude on November 7. The company has fixed the price band at Rs. 285-300/ share. It is a complete offer for sale (OFS) IPO. Bikaji Foods is expecting to accumulate a total of up to Rs. 881 crore at the higher end of the price band, offering a total of 29,373,984 equity shares. The stocks of Bikaji Foods will debut on November 16.

Disclaimer

Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution. Greynium Information Technologies, and the author are not liable for any losses caused as a result of decisions based on the article.