Here’s what to look forward to the IPO front next week
HP Telecom India IPO
HP Telecom’s IPO will open for public subscription on February 20. The company fixed the price band of Rs 108 per share. The public offer fur includes fresh equity equity sales of 34.23 crore equity shares by existing shareholders that have only no OF components.
HP Telecom acts as a special distributor of Apple Pal products in significant regions, including Madhya Pradesh and Chhattisg A, Select cities of Uttar Pradesh and major urban centers in Gujarat. It includes iPhone, iPad, M, A, Apple Pal Watch Ch and More in these regions, including iPhone, iPad, M, A, Apple Pal Watch Ch and more.
While Apple Pal Products is the base of the company’s distribution portfolio, it is also included in the distribution of other brands selected to diversify its ings furings and meet the comprehensive customer base.
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Interactive Financial Services is the lead manager running the book of HP Telecom India IPO, while Bigshare Services is the Registrar. Shares will be listed on the NSE SME platform.
Bizasan Explotech IPO
Bizasan Explotech will launch its 60 crore IPO with a price of Rs 165-175 per share. IPO is a pure fresh equity sales of 34.24 lakh shares. Retail investors can bid for at least 800 stocks.
The net income from the IPO will be used to fund the expansion of the existing production unit, the purchase of plants and machinery, payment of debt and the capital costs for civil construction required for general corporate purposes.
The company creates and supplies a wide range of explosives and explosive accessories. It mainly produces cartridge explosives, including slurry, liquid mixture and explosive explosives.
The company is also involved in making explosives and explosive accessories used in cement, mining and defense industries. It focuses on the production of high-quality cartridge explosives, including slurry explosives, liquid mixtures explosives and explosives.
(Disclaimer: The recommendations, suggestions, opinions and views given by experts are their own. This does not represent the views of the economic time)
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