Upcoming IPO: Fractal Analytics, Amagi Media Labs, and Sahajanand Medical Technologies have received SEBI approval for their IPOs. Fractal will offer fresh shares worth ₹4,900 crore, Amagi will offer fresh shares worth ₹1,020 crore and an OFS, while Sahajanand’s offering will be entirely OFS-based. All three companies are slated to list on the BSE and NSE. This strong IPO lineup will bring new opportunities for investors.
Upcoming IPOs: There’s big news for investors looking for new investment opportunities in the Indian capital markets. Artificial intelligence (AI)-based solutions provider Fractal Analytics, cloud-based broadcasting services provider Amagi Media Labs, and medical device company Sahajanand Medical Technologies have received SEBI approval for their upcoming IPOs. This information was revealed after comments on November 17–18 in documents uploaded to SEBI’s website.
Fractal Analytics to launch Rs 4,900 crore IPO
Fractal Analytics is preparing the largest offering on this list. The company is preparing for an IPO with a total of ₹4,900 crore (approximately $1.2 billion). The company will issue new shares worth ₹1,279.3 crore (approximately $1.2 billion), which will include an offer for sale (OFS) of ₹3,620.7 crore (approximately $1.2 billion). Given the boom in AI and data analytics-related businesses, Fractal’s IPO is considered attractive to investors.
Amagi Media Labs IPO shares and OFS
Amagi Media Labs, known for its cloud-based TV broadcasting technology, is also set to enter the market soon. Its IPO will consist of a fresh issue of shares worth ₹1,020 crore and an OFS of 34.1 million shares. With a global presence in content distribution and cloud playout services, this company is a significant option for tech investors.
Sahajanand Medical Technologies IPO OFS
Sahajanand Medical Technologies, a leader in the manufacture of stents used in cardiac diseases, is launching a fully OFS-based IPO. Sharda Trust, Samara Capital, Kotak Pre-IPO Fund, and NHPFDA Sparkle Holdings will sell their shares. A total of 27.6 million shares will be offered for sale.
Listing will be done on BSE and NSE
All three companies have proposed listing their shares on the BSE and NSE. Now, after receiving approval, the roadshows and finalization of the future price band will begin.
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