A Look at The IPOs This Week

November will see Swiggy, the second biggest IPO of the current year. A total of 85 companies in the mainboard segment raised Rs 1.21 lakh crore via IPOs in Samvat 2080, while in the first week of Samvat 2081, four companies will be raising Rs 18,534 crore via their public issues, which is 15 percent of the amount raised in last Samvat.

Sagility India will open its Rs 2107 crore IPO on November 5. The price band for the issue, which closes on November 7, has been fixed at Rs 28-30 per share.

Swiggy, the country’s second-largest food delivery giant, is scheduled to open for subscription on November 6. The price band for Rs 11327 crore IPO has been set at rs 371-390 per share. Post issue, this will be the second listed company in the food delivery space after Zomato.

ACME Solar Holdings, one of the largest producers of electricity from wind and solar energy in India, will launch its Rs 2900 crore IPO on November 6, with a price band at Rs 275-289 per share. The subscription to the offer will be closing on November 8.

Niva Bupa Health Insurance Company is an IPO from the mainboard segment, opening on November 7 and closing on November 11. The Rs 2200 crore issue is a combination of a fresh issue of Rs 800 crore, and an offer-for-sale of Rs 1,400 crore by promoters Bupa Singapore Holdings Pte, and global private equity firm True North-owned Fettle Tone LLP. Post issue, this will be the fourth health insurer getting listed on the bourses after Star Health and Allied Insurance Company, ICICI Lombard General Insurance Company, and The New India Assurance Company.