Top News

IPO Alert Marathi News: The Indian stock market is currently booming. New companies are eager to launch their IPOs (Initial Public Offerings) in the primary market. Recently, Sebi (Securities and Exchange Board of India) approved six companies to launch their IPOs. These include the Iware Giants Lensart Solutions, Furniture and Home Decoration Company Wakefit Innovations and four other companies. Together, these companies are preparing to raise more than Rs 6,500 crore from the market. Sebi approved these companies from September 26 to October 3. Let’s learn more about them.

Large plans of lenscarts and wakefit

Lenscart

LensCart Solutions is a leading glasses and glasses company, which will be funded by issuing new equity shares worth Rs. In addition, the company’s promoter and investor will sell 1.5 million equity shares. The company will use this amount to speed up its growth. These funds will be used to open the company’s new stores (COCOS), investing in technology and cloud infrastructure, funding for brand marketing, and potentially acquired. The goal is to strengthen the existence of India in India. This amount will also be used to open new stores and pay rent. This step has been taken to strengthen the company’s position in the Indian retail market.

Promoting organic farming, 25.30 lakh farmers benefit from Rs 2,265 crore

Wakfit’s furniture and focus on branding

Bangalore -based Wavefit Innovations, known for her home furnishing and furniture, are also entering the market through the IPO. The company will issue new shares worth Rs 90 crore, in which promoters and investors will sell 1.5 million shares. From this amount, Wakafite 2 will open new regular COCO stores and a jumbo store. In addition, 90 crore will be invested to buy new equipment and machinery. The company will spend 90 crores on rent and license fees for existing stores. To strengthen the identity of the brand, marketing and advertisements will be spent on 9.5 crore. The remaining funds will be used for general corporate needs. This step of Wakefit will strengthen his grip on the Indian furniture market.

Other companies are also keeping an eye on the market

Tenco Clean Air India offers 90.5 crores

Tenoco Clean Air India is launching an Initial Public Offering worth Rs. This will be a pure offer for cell, that is, no new shares will be issued. All income will go to Promoter Tenko Mauritius Holdings Limited. The company will not get any funds from this IPO. Tenoco works in the automotive field and this movement can reduce its share of the promoter.

A scheme of Rs 2 crore for comfortable tourism tourism

Cruise operator Waterways Leisure Tourism will launch an initial public offer (approximately $ 1.8 billion) worth Rs. This shares will be a completely new issue. An important part of the fund will be used to pay the rent and deposit for Rs. The remaining funds will be used for general corporate purposes. The company aims to strengthen its position in the tourism sector.

The contribution of Shri Ram Twistx and Lamtf

Shri Ram Twistx in Gujarat, a cotton thread manufacturer, will be issuing 2 million new equity shares. The funds will be used to set up a 1.5 MW solar power project and a 5.5 MW wind power project. Both projects will be for the company’s own use. These funds will also be used for loan -free and playful capital. Meanwhile, industrial laminate manufacturers will raise funds through a sales offer of Lamtf, new shares and Rs. This amount will be used to expand their existing production unit in Telangana, to meet the needs of the playful capital and meet the general corporate needs.

Rising enthusiasm in the market

Sebi’s approval is a great opportunity for these companies. So far, 3 companies have launched their IPOs in the mainboard market. Many more companies are preparing to launch in October. Despite the volatility of the stock market, the enthusiasm of the primary market is attracting investors. These companies are focusing on expansion and branding in their fields. It would be interesting to see how attractive their IPOs will be for investors in the coming days.

Now hearing the rap will know the cost of the month! Paytm brought AI based ‘special feature