The pace of the IPO market in 2022 is sluggish.
The pace of the IPO market is sluggish in the year 2022. The IPO market performed well in the year 2021. Companies had raised Rs 1.11 lakh crore through 52 IPOs.
If you are on the stock market (stock marketIf you are thinking of investing money, then you have a better chance. Two in the primary market this week IPO ,IPO) are to come. The Campus Activewear IPO will open on April 26, while the Rainbow Children’s Medicare IPO will open on April 27, 2022. Both the companies will raise Rs 2,995 crore through IPO. The Campus Activewear IPO will be worth Rs 1,400 crore, while the IPO size of Rainbow Children Medicare is Rs 1,595 crore. Earlier, the IPO of Hariom Pipes (Hariom Pipe IPO) was open on subscription between March 30 and April 5.
Globally, the IPO markets across the globe have fallen in the first quarter (January-March) after performing at a record high in 2021. According to data from Bloomberg, IPOs around the world have raised $65 billion in the fourth quarter of FY2022, which is nearly 70 percent less than the $219 billion in funds from the fourth quarter of FY21.
Campus Activewear IPO-
According to the information available on BSE, this Campus Activewear issue will open for subscription on April 26 and will close on April 28. The price band for Campus Activewear IPO has been fixed at Rs 278-292 per share.
According to market observers, the GMP of Campus Activewear IPO is today at a premium of Rs 60. This means that its upper price band is almost 20 per cent higher than Rs 292 per share. The allotment of shares is likely to happen on May 4, while the listing of Campus Activewear shares may happen on May 9.
Both the companies have kept a share reserve for their eligible employees. 50 per cent of the issue is reserved for qualified institutional investors while 15 per cent is reserved for non-institutional investors. There is a 35 percent reserve for retail investors.
Investors can apply in this issue in minimum 51 shares and its multiples. Campus Activewear manufactures and distributes a wide variety of footwear such as Running Shoes, Walking Shoes, Casual Shoes, Floaters, Chappals, Flip Flops and Sandals in various colors and styles.
Rainbow Children’s Medicare
Rainbow Children Medicare IPO will open for subscription on April 27 and can be invested till April 29, 2022. Its price band is Rs 516-542 per share. As per market observers, the GMP for Rainbow Children Medicare IPO today is Rs 35. This means around 6.50 per cent more than the upper price band of Rs 542 per share. The allotment of shares is likely to happen on May 5, while the listing of shares may happen on May 10, 2022.
The lot size of Rainbow Children Medicare is 27 equity shares and can be applied in multiples. Established in 1999, Rainbow Children’s Medicare operates a multi-specialty pediatric, obstetrics and gynecology hospital chain in India.