This week, two initial public offers, i.e., I.P.O.s, will open in the stock market listing. This includes Unicommerce E-Solutions Limited and FirstCry's parent company, Brainbees Solutions Limited. The I.P.O. of both of these companies will open on August 6.
1. Brainbees Solution Limited
The I.P.O. of FirstCry's parent company, Brainbees Solutions Limited, will open on August 6. Investors will be able to bid for this I.P.O. until August 8th. The company's shares will be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on August 13.
This issue of Brainbees Solutions Limited is worth a total of Rs. 4,193.73 crore. For this, the company is raising Rs. The company will issue 35,827,957 fresh shares worth Rs. 1,666 crore. Whereas, the existing investors in the company are selling 54,359,733 shares worth Rs. 2,527.73 crore through an offer for sale.
A minimum and maximum amount of money can be spent.
Brainbees Solution Limited has fixed the closing price of its initial public offer at Rs. 440–465. As such, retail investors will be able to bid for a minimum of 1 lot, i.e., 32 shares, for this IPO. If you want to bid at the upper closing price of Rs. 456, you will have to invest Rs. 14,880.
Retail investors can apply for a maximum of 13 lots, i.e., 416 shares. For this, investors will have to invest Rs. 193,440 as per the upper limit. This IPO will be open from August 6 to August 8.. On August 13, the company's shares will be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
2. Unicommerce E-Commerce Solutions Limited
The initial public offer, i.e., IPO, of Unicommerce E-Commerce Solutions Limited will open on August 6. Investors can bid for this IPO until August 8th. On August 13, the shares of the company will be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
Through this issue, the company is issuing 25,608,512 fresh shares worth Rs. 276 crore. Existing investors in the company will not be able to sell any shares through an offer for sale (OFS).
A minimum and maximum amount of money can be spent.
Unicommerce E-Commerce Solutions Limited has fixed the closing price of this issue at Rs. 102-108. Retail investors can bid for a minimum of one lot, i.e., 138 shares. If the closing price of the IPO is above Rs. 102–108, then the minimum amount of the shares can be bid. If you apply for 1 lot at the rate of Rs. 108, then you will have to invest Rs. 14,904.
Retail investors can apply for a maximum of 13 lots, i.e., 1794 shares. For this, investors will have to invest Rs. 193,752 as per the upper closing price.