New Delhi: November is set to see some hectic activity in terms of multiple Initial Public Offerings (IPOs) hitting the market. No less than five IPOs hit the market this month – the parent company of Paytm One97 Communications, the parent company of the political bazaar PB Fintech, SJS Enterprises, Sigachi Industries and Sapphire Foods India, which operates the KFC outlets. and Pizza Hut.Also Read – IPO Watch: Zerodha’s Nithin Kamath Has This Advice For Young Investors

1. PB Fintech, parent company of Policybazaar:

The Rs 5,710 crore IPO of PB Fintech, which operates Policybazaar and Paisabazaar, opened for subscription today. The subscription period will end on November 3. Also Read – IPO Watch: Rakesh Jhunjhunwala-Backed Star Health, Adani Wilmar, Nykaa, 3 More Companies Get SEBI Approval

The initial public offering has a new issue of Rs 3,750 crore and a sell offer of around Rs 1,960 crore. Also read – IPO Watch: Largest initial Saudi public offering since Aramco entered market; Details here

It has a price range of Rs 940 to Rs 980 per share.

2. Payment:

Paytm operator One97 Communications will launch its IPO on November 8. Paytm IPO has a new issue of Rs 8,300 crore and a sell offer of Rs 10,000 crore.

The price of Paytm’s IPO was set between Rs 2,080 and Rs 2,150 per share.

3. Sapphire foods:

The Sapphire Foods IPO will open for subscription on November 9 and close on November 11. The initial public offering is expected to increase from Rs 1,500 to Rs 2,000 crore.

4. SJS Companies:

The IPO of decorative aesthetic supplier SJS Enterprises opens for subscription today and closes on November 3. The IPO of Rs 800 crore is fully offered for sale.

The IPO of SJS Enterprises has a price range of Rs 531 to Rs 542 per share.

5. Sigachi Industries:

Microcrystalline cellulose maker Sigachi Industries aims to raise Rs 125.43 crore from the IPO. It has a price of Rs 161-163 per share.

Apart from these five, Nykaa and Fino Payments Bank are currently open for public subscription. These seven companies will raise nearly Rs 33,500 crore thanks to the IPO.

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