Three New IPOs Hit D-Street Next Week: A Mainboard and Two SMEs Launch

Next week, D-Street will feature three IPOs: one mainboard and two SMEs, amid market volatility and elections, showing an active primary market.
Three IPOs Set to Launch on Primary Market This Week!

Next week, D-Street is set to see three new IPOs, despite market volatility and ongoing general elections. The launches include one mainboard segment IPO and two for small and medium enterprises (SMEs), keeping the primary market active.

Here is the list of upcoming IPOs in This Week:

Kronox Lab Sciences IPO

The Kronox Lab Sciences IPO will open for subscription from June 3 to June 5. This book-built issue aims to raise ₹130.15 crore through the sale of 0.96 crore shares, priced between ₹129 and ₹136 each. Pantomath Capital Advisors is the lead manager, while Kfin Technologies serves as the registrar.

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Magenta Lifecare IPO

The Magenta Lifecare IPO, a fixed-price offering, will open for subscription on June 5 and close on June 7. It seeks to raise ₹7 crore through the issuance of 20 lakh fresh shares, priced at ₹35 each. Fedex Securities Pvt Ltd is the lead manager, with Cameo Corporate Services as the registrar and Sunflower Broking as the market maker.

Sattrix IPO

The Sattrix IPO, set to open from June 5 to June 7, is a fixed-price SME offering aimed at raising ₹21.78 crore through the sale of 18 lakh new shares at ₹121 each. Isk Advisors Pvt Ltd oversees the offering as the lead manager, Bigshare Services Pvt Ltd serves as the registrar, and Sunflower Broking acts as the market maker.

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