Upcoming IPOs in June 2021 - List of New IPOs in June 2021 | Motilal Oswal
Upcoming IPOs in June 2021 - List of New IPOs in June 2021 | Motilal Oswal

Upcoming IPOs in June 2021

Even when the COVID-19 pandemic was raging in 2020, the Indian IPO market defied all odds. As many as 43 different companies launched their Initial Public Offers in 2020, with 42 of them being successful. What’s even more interesting is that the momentum seemed to continue even as we stepped into the year 2021.

As we now enter the month of June, 2021, the number of upcoming IPOs are again witnessing an uptick. Around 8 different companies from both the regular and the SME segments have lined up with their initial public offerings. Considering the huge number of upcoming IPOs in June 2021, it can get quite tough for you to keep track. But don’t worry, we can help you out with that. Continue reading to find out how.

Upcoming IPOs in June, 2021

Here’s a list of IPOs along with their opening and closing dates that are likely to see the light in June, 2021.

Name of the company

Opening date of the IPO

Closing date of the IPO

Abhishek Integrations Limited

June 8, 2021

June 11, 2021

Shyam Metalics and Energy Limited

June 14, 2021

June 16, 2021

Sona BLW Precision Forgings Limited

June 14, 2021

June 16, 2021

Navoday Enterprises Limited

June 14, 2021

June 17, 2021

Dodla Dairy Limited

June 16, 2021

June 18, 2021

Krishna Institute of Medical Sciences Limited

June 16, 2021

June 18, 2021

Adeshwar Meditex Limited

June 15, 2021

June 18, 2021

Times Green Energy (India) Limited

June 16, 2021

June 22, 2021

India Pesticides Limited

June 23, 2021

June 25, 2021

Now that you’ve seen the list, let’s take a very brief look at the companies that are planning to come out with an IPO in June.

1. Abhishek Integrations Limited

A Gujarat-based government contractor, Abhishek Integrations Limited, is a company operating in the Small and Medium Enterprises (SME) sector. The issue size of its new IPO in June 2021 is around 9,90,000 equity shares and the IPO price has been fixed at Rs. 50 per share. This company is likely to gain around Rs. 4.95 crores from this issue.  

2. Shyam Metalics and Energy Limited

One of India’s largest metal producers, Shyam Metalics and Energy Limited has come up with an IPO worth Rs. 909 crores. The IPO price band that the company has fixed is from Rs. 303 to Rs. 306 per share.

3. Sona BLW Precision Forgings Limited

Sona BLW Precision Forgings is an automobile component manufacturer based in New Delhi. The issue size of this upcoming IPO in June 2021 is around Rs. 5,550 crores, making it the biggest public issue of this month. The company has also notified the IPO price band as Rs. 285 to Rs. 291 per share.

4. Navoday Enterprises Limited

Navoday Enterprises Limited was incorporated in 2007 and is involved in multiple businesses such as advertising and marketing, management and financial consultancy, and component supply and support services. The total issue size of this SME IPO is around Rs. 4.61 crores, with the IPO price fixed at Rs. 20 per share.  

5. Dodla Dairy Limited

One of the largest dairy companies in South India, Dodla Dairy Limited’s new IPO in June 2021 has an issue size of about Rs. 520 crores. The company has also notified the IPO price band as Rs. 421 to Rs. 428 per share.

6. Krishna Institute of Medical Sciences Limited (KIMS)

Operating in the states of Andhra Pradesh and Telangana, KIMS is a healthcare group providing multiple different services. The issue size of this upcoming IPO in June 2021 is around Rs. 2,143.74 crores, with the IPO price band being Rs. 815 to Rs. 825 per equity share.

7. Adeshwar Meditex Limited

Another pharmaceutical supplies manufacturer, Adeshwar Meditex Limited was incorporated in 2007 in the state of Maharashtra. The company is looking to sell around 39,00,000 equity shares for around Rs. 9.75 crores through this IPO. The share price of the IPO has been notified as Rs. 25 per share.

8. Times Green Energy (India) Limited

Times Green Energy (India) is involved in agriculture and women hygiene and safety business verticals. The total issue size of this IPO is around 6,64,000 equity shares worth Rs. 4.05 crores. The IPO price as notified by the company is Rs. 61 per equity share.

9. India Pesticides Limited IPO

Having commenced its operations back in 1984, India Pesticides has grown to earn the title of one of India’s fastest growing companies in terms of volume in FY 2020. According to the Draft Red Herring Prospectus, the total issue size of the latest IPO of the company comes up to around Rs. 800 crores. The company has set a nominal price band of Rs. 290 to Rs. 296 per equity share. 
 

Conclusion

These are some of the few upcoming IPOs that are about to hit the Indian stock market in the month of June, 2021. Having a demat account is essential to be able to invest in IPOs such as the ones above. Get in touch with Motilal Oswal right now to open a demat account online for free.

With a plethora of companies coming forward with their own IPOs in quick succession, you can keep a track of all the upcoming IPOs by regularly following our IPO calendar.

Related IPOs: GoAir IPO | Seaborne Logistics IPO | Seven Islands Shipping IPO | Arohan Financial Services IPO | Exxaro Tiles IPO | Paras Defence and space technologies IPO | Utkarsh Small Finance bank IPO | Montecarlo Limited IPO

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