Surprise IPO Rush: HDB, JSW Cement & More to Hit Market by July!
IPO Market Set to Boom Again
India’s IPO market is heating up again. By the end of June and throughout July, eight companies are planning to launch their Initial Public Offerings (IPOs). The total value of these IPOs is expected to cross ₹26,000 crore. Top Companies Launching IPOs Soon.
IPO season is back with 8 major launches worth ₹26,000 crore. HDB Financial, JSW Cement, Hero Fincorp & more set to hit the market. Stay IPO-ready!
Here’s a list of the companies preparing to go public:
Follow Vijay Broadcast on WhatsApp
Follow Vijay Broadcast on Instagram
- HDB Financial Services
- Sambhv Steel Tubes
- Ellenbarrie Industrial Gases
- Kalpataru
- Globe Civil Projects
- NSDL
- Hero Fincorp
- JSW Cement
HDB Financial Services: Biggest IPO of the Lot
HDB Financial is preparing a ₹12,500 crore IPO. It includes:
- ₹2,500 crore as fresh shares
- ₹10,000 crore through offer-for-sale (OFS)
The IPO could open for public subscription between June 25 and June 27, with the anchor portion likely on June 24. The company is already seeing a grey market premium of ₹93 per share, even before announcing the final price.
READ MORE: 20 Factors to Consider Before Investing in Mutual Funds
Sambhv Steel Tubes: Next in Line
Sambhv Steel is planning a ₹540 crore IPO and has already received SEBI approval. The retail investor quota for both HDB and Sambhv IPOs is expected to be 35%.
Ellenbarrie and Kalpataru Also Set
- Ellenbarrie Industrial Gases aims to raise ₹400 crore
- Kalpataru is looking at ₹1,590 crore
Both have SEBI clearance and are finalizing launch dates soon.
Globe Civil Projects: Launching June 24
Globe Civil Projects has confirmed its IPO timeline:
- Opens: June 24
- Closes: June 26
- Price band: ₹67–₹71 per share
- Total size: ₹200 crore
Also Read: You Won’t Believe What Rs 13 Lakh MF Investment Can Turn Into in 20 Years
JSW Cement and Hero Fincorp Preparing
- JSW Cement is expected to launch a ₹4,000 crore IPO in July.
- Hero Fincorp has cut its fresh issue size to ₹1,840 crore, with a total IPO value of ₹3,408.13 crore after OFS.
NSDL Might Join Before July Ends
NSDL is likely to enter the IPO market soon, planning to raise around ₹3,400 crore, or $400 million, according to earlier reports.
Global Factors Under Watch
Companies are monitoring the Israel-Iran tensions and the FOMC meeting outcome. If global conditions settle, IPO launches are expected to move even faster.
India’s IPO season is making a strong comeback, with eight big names ready to raise over ₹26,000 crore by July. From financial giants like HDB to industrial players like JSW Cement and Kalpataru, these IPOs offer exciting opportunities for investors.
With strong investor interest and solid companies entering the market, the coming weeks will be crucial for IPO investors. Stay updated, study the details, and be ready to grab the right opportunities.
Disclaimer: This is not financial or investment advice. Please conduct your own due diligence or seek expert guidance for financial planning.
Also Read: How much you will get after 20 Years, if you made 15,000 Rs as SIP
Follow Vijay Broadcast on WhatsApp
Follow Vijay Broadcast on Instagram