Upcoming IPO Calendar for April 2021 in India

We all have seen a massive success of several IPOs in the year 2020. And we also expect the same for 2021 as many people are educating themselves with personal finance knowledge and started investing in equity markets last year. In this article let’s see IPO Calendar for April 2021.

This April we are expecting some good Initial Public Offering (IPOs) which are going to join markets. In the IPO calendar of April, there are almost six companies that are ready to hit markets this month.

In this article, we have covered the IPO calendar for April month but if you want to see the IPO calendar for the complete year 2021 then you must read – IPO calendar for 2021

Here is the upcoming IPO calendar for April 2021.

Macrotech Developers –

Macrotech Developers also known as Lodha Developers have filled issues and are opening on 7th April and closing on 9th April. The price band for the issue has been fixed at ₹483- ₹486 per share. In total firm is going to raise ₹2500 crore through this issue. Lodha Developers has a very strong brand presence in tier 1 cities so we can see a great future ahead.

Dodla Dairy –

South Indian-based dairy company is planning to raise ₹800 crores through this IPO. They had submitted a draft red herring prospectus to Sebi in the month of February and now in April, we can expect their IPO dates. The company is offering a fresh issue of ₹50 Crores and the remaining is the offer for sale of up to 10 million equity shares.

Seven Islands Shipping –

As per a draft red herring prospectus, the company has filed an issue to raise ₹600 Crores. IPO comprises of fresh issue of ₹400 Crores and an offer for sale of up to ₹200 Crores. This logistic company has got Sebi’s permission to come up with IPO and we can expect it in April 2021.

Sona BLW Precision Forgings (Sona Comstar) –

Auto parts suppliers are planning to raise ₹6,000 Crore through an IPO. As per the announcement fresh issue is of up to ₹300 crores and they are selling shareholder Singapore VII Topco III Pte Ltd.

Adhaar Housing Finance –

The firm backed by Blackstone has filed a draft red herring prospectus to raise ₹7,300 crores through an Initial Public Offering. In which they are offering a fresh issue of ₹1,500 crores and also Blackstone is selling existing shares of  ₹5,800 crores as per the reports. Aadhar Housing Finance can be the biggest IPO in terms of gains in the IPO calendar for April.

KIMS Hospital –

Krishna Institute of Medical Sciences has filed for the IPO to raise ₹700 Crore through the fresh issue as well as offer for sale of existing shareholders. This comprises of ₹200 crores fresh issue and offers for sale of  21,340,931 equity shares according to draft red herring prospectus.

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