upcoming ipo list 2019

Six companies are likely to be listed on the primary market in August 2019.

In the 1st Half of 2019 only 8 companies have taken the IPO route and raised Rs 5,509 Cr as against 24 companies in 1sthalf of 2018 that raised Rs 30,960 Cr.

In the calendar year 2017, 36 companies had raised Rs 67,200 crore through IPOs.

List of 6 Companies planning to hit the IPO market in August 2019

1) Sterling and Wilson Solar

2) Spandana Spoorthy Financial

3) ASK Investment Managers

4) AGS Transact Technologies

5) Mazagon Dock Shipbuilders

6) Affle India

1) Sterling and Wilson Solar

Sterling and Wilson Solar, It’s a solar power company of a Shapoorji Pallonji Group. The company is planning an IPO of around Rs 4,500 crore.

The offer for sale (OFS) by Chairman Khurshed Yazdi Daruvala and Shapoorji Pallonji Co is likely to open at the end of July or in the month of August.

2) Spandana Spoorthy Financial

Spandana Spoorthy Financial is the largest Micro finance Institution in India and 6th largest across globe. In its peak, Spandana had 1,856 Branches with presence in 10 states and work force of over 13,500 employees

Spandana Sphoorty plans to raise Rs 1,500 crore through the initial public offering.

3) ASK Investment Managers

ASK Investment Managers Limited provides investment management services. The Company focuses on real estate and equity investments, as well as offers portfolio management and investment advisory services. ASK Investment Managers serves customers worldwide.

IPO of the ASK Investment is also likely to open in the last week of July or in the month of August. The company plans to raise about Rs 1,500 crore through IPO. The IPO comprises a fresh issue of stock worth up to Rs 600 crore and an offer for sale of up to 13.6 million shares by AI Global and 4.4 million shares by promoter Sameer Koticha.

4) AGS Transact Technologies

AGS Transact plans to raise Rs 1,500 crore through the Initial Public Offering.

5) Mazagon Dock Shipbuilders

Mazagon Dock Shipbuilders is India’s leading Defence Public Sector Company

State-owned Mazagon Dock Shipbuilders is likely to raise about Rs 650 Cr through IPO in last week of July or in August 2019.

6) Affle India

Microsoft-backed consumer intelligence company Affle, which is planning to raise around Rs 500 crore through IPO

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