IPOs Coming This Week: Check A-Z About Upcoming Initial Public Offerings

In the upcoming week, investors can anticipate the unveiling of initial public offerings (IPOs) by at least five companies, collectively aiming to raise over Rs 7,300 crore in the primary market. Here's a glimpse of the five IPOs set to make waves in the coming week.

This marks the first IPO by a Tata Group company in two decades, with Tata Consultancy Services (TCS) having last offered its IPO in 2004. The upcoming IPO is exclusively an Offer for Sale (OFS) involving the sale of 6.08 crore equity shares. Tata Motors plans to divest an 11.4 percent stake, Alpha TC Holdings, a private equity firm, will sell a 2.4 percent stake, and Tata Capital Growth Fund I will part with 1.2 percent of its shareholding. Scheduled to be open for subscription from November 22 to November 24, the IPO has set a price band of Rs 475-500 per share for its Rs 3,042 crore offering.

The Indian Renewable Energy Development Agency (IREDA) focuses on promoting, developing, and providing financial support for new and renewable energy projects, along with energy efficiency and conservation initiatives. The company has set the price band for its IPO at ₹30-32 per equity share, with the subscription period scheduled from November 21 to November 23. IREDA maintains a geographically diversified portfolio, with outstanding term loans spanning 23 states and five Union Territories as of September 30.

Federal Bank's Fedbank Financial Services is set to open its IPO for subscription from November 22 to November 24. The IPO includes a fresh issue of equity shares valued at Rs 600 crore and an offer for sale (OFS) of 3.51 crore shares worth Rs 492 crore. The price band for the IPO is fixed at Rs 133-140 per share.

Flair Writing Industries Ltd's IPO is scheduled to open for subscription from November 22 to November 24. The IPO, valued at Rs 593 crore, has a price band set at Rs 288-304 per share.

Gandhar Oil Refinery, a prominent maker of white oils with a growing focus on the consumer and healthcare end markets, has set the price band for its initial public offering (IPO) at 160-169 per share. The IPO will go on sale on November 22 and will close on November 24.

The IPO consists of a new issue of 302 crore equity shares and a 1.17 crore Offer for Sale (OFS) by promoters and current shareholders.