May 27, 2024

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News at Another Perspective

As CarTrade Tech debuts in inventory market at this time, right here’s a have a look at the IPOs that are set to get listed subsequent week

2 min read

The traders within the inventory market are trying ahead to the itemizing of the current preliminary public choices (IPOs). While CarTrade Tech has already made its debut at this time, shares of Nuvoco Vistas Corporation, Aptus Value Housing Finance India and Chemplast Sanmar are set to get listed subsequent week.
Earlier within the day, the shares of on-line auto labeled platform CarTrade Tech made a weak debut on the inventory exchanges, itemizing at over 1 per cent decrease the difficulty worth.
Nuvoco Vistas Corporation
Nuvoco Vistas is a cement producer which is part of the Nirma Group. It is about to debut on Monday, August 23, 2021, on each the National Stock Exchange (NSE) and BSE.
The Rs 5,000 crore IPO was obtainable from August 9/11, 2021 at a worth band of Rs 560-570 per share, and bought subscribed 1.71 occasions. The shares bought allotted to the traders on Tuesday, August 17, 2021.

The firm has a consolidated capability of twenty-two.32 million metric tonnes every year (MMTPA). It has 11 cement crops comprising 5 built-in models, 5 grinding models and one mixing unit. It operates cement manufacturing models in Chhattisgarh, Jharkhand, West Bengal, Rajasthan and Haryana.
Aptus Value Housing Finance India
Aptus Value Housing Finance is a house mortgage supplier and its shares are set to be listed on Tuesday, August 24, 2021, on each NSE and BSE.
Its Rs 2,780 crore IPO was obtainable from August 10-12, 2021 at a worth band of Rs 346-353 per share, and noticed the difficulty get subscribed 17.20 occasions. The shares bought allotted to traders earlier this week on Wednesday, August 18, 2021.
Aptus Value Housing Finance has a robust capital sponsorship by marquee traders like Westbridge, Malabar Investments, Sequoia Capital, Steadview Capital and Madison India.
Chemplast Sanmar
Specialty chemical substances maker Chemplast Sanmar will make a return to the inventory market subsequent week after being delisted almost a decade in the past. Its shares are to be listed on Tuesday, August 24, 2021.
The shares have been earlier delisted from BSE, NSE and MSE with impact from June 25, 2012, June 18, 2012, and June 25, 2012, respectively.

The Rs 3,850 crore IPO of the specialty chemical substances producer was obtainable from August 10-12, 2021 at a worth band of Rs 530-541 per share. It bought subscribed 2.17 occasions.
The Chennai-based firm is a number one specialty chemical substances producer with a concentrate on specialty paste PVC (polyvinyl chloride) resin and customized manufacturing of beginning supplies and intermediates for pharmaceutical, agro-chemical and nice chemical substances sectors.

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