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Upcoming IPO Highlights: GPT Healthcare, Zenith Drugs, Deem Roll, and Juniper Hotels

News by Aliceblue News Desk

18 Feb 2024

Upcoming IPO Highlights: GPT Healthcare, Zenith Drugs, Deem Roll, and Juniper Hotels

The Indian stock market has seen a positive trend over the past week, with the BSE Sensex increasing by 1.42 percent during the last five trading days. 

The companies preparing for their stock market debut in the coming week include Esconet Technologies, Kalahridhaan Trendz, Thaai Casting, Interiors and More, Atmastco, WTI Cabs, and Vibhor Steel Tubes.

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Below is the overview of the IPOs scheduled for this week:

  • GPT Healthcare IPO
  • Zenith Drugs IPO
  • Deem Roll Tech IPO
  • Juniper Hotels IPO

GPT Healthcare IPO

GPT Healthcare, operating ILS Hospitals, a mid-sized multispecialty hospital chain based in Kolkata, plans to launch its IPO. The offering will open on February 22 and close on February 26. Pricing details are pending, but the goal is to collect Rs 40 crore through the issuance of new shares.

Zenith Drugs IPO

This IPO, targeting the SME segment, is set to open on February 19 and end on February 22. The price per share is set at Rs 79 in the upper price band, with an offering of 1600 shares per lot.

Read More: Zenith Drugs IPO

Deem Roll Tech IPO

Another entry in the SME segment, Deem Roll Tech, a producer of alloy steel and cast iron, will start its public offering on February 20, closing on February 22. Shares are priced at Rs 129 each, with the company aiming to raise around Rs 29 crore.

Juniper Hotels IPO

Highly anticipated, Juniper Hotels, operating under the ‘Hyatt’ brand, will open its IPO on February 21 and conclude on February 23. The firm seeks to raise ₹1,800 crore exclusively through the issuance of new shares with a face value of ₹10.

Read More: Zenith Drugs Limited IPO GMP Today

How Do You Apply for an IPO in Alice Blue?

To apply for any IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application easily.

After the allotment process, check your allotment status to verify the share allocation. 

Applying for an IPO with Alice Blue is quick and straightforward!

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