Upcoming IPO: If you are looking for the right IPO to invest in, then this news can prove to be useful for you. The month of December has started and with this many companies can also start preparations to open their IPOs. About 10 IPOs opened in November, some of which disappointed investors and some left investors satisfied. 5 big companies can open their own initial public offering in December. Many other companies including OYO are included in this list. Let’s know about all in detail-
OYO Rooms IPO
According to media reports, OYO Rooms may open its IPO this month. The EDIBTA of the company has seen an increase. Despite this the company is going into loss. The company has incurred a loss of around Rs 333 crore in the second quarter. Till now the date of IPO has not been revealed. Oyo can bring an IPO of up to Rs 8,430 crore.
Puranik Builders Limited IPO
It is a real estate company that provides commercial and residential consultancy to clients across the country. The company can issue a fresh IPO of Rs 510 crore. Along with this offer for sale will also be available. Although its amount has not been disclosed yet.
TBO TEK Limited IPO
It is a travel distribution platform, which provides many facilities including airlines, hotels, rail, insurance. The company has submitted papers with SEBI. The company is preparing to bring an IPO of Rs 2100 crore. In which Rs 900 crore will be fresh issue and the rest will be offer for sale.
PharmaEasy is one of the largest healthcare platform in the country. According to the report, the company can take an IPO of Rs 6200 crore. Out of which 1259 crore will be used for organic growth funding.
Disclaimer: The purpose of this news is only to educate. MP Breaking News does not recommend investing in any scheme, IPO or scheme. Take expert advice before taking any step.