Last chance to earn, these three IPOs are closing today

IPOs Closing: Three IPOs are closing on Wednesday, a day before Diwali. Today is the last chance for investors to earn. These three IPOs were open for subscription on 1 November. The three IPOs that closed today include PB Fintech Ltd, the parent company of online insurance aggregator Policybazaar, SJS Enterprises Limited and Sigachi Industries. Know about these three IPOs:-

PB Fintech (PB Fintech Ltd)

• PB Fintech is the operator of Policybazaar and Paisabazaar.
• The Rs 5,700 crore IPO of the company is closing today.
• This includes a fresh issue of equity shares worth ₹3,750 crore and an offer for sale by existing shareholders for approximately ₹1,960 crore.
• The price band has been kept at Rs 940-980 per share.
• A minimum of 15 equity shares can be bid.
• A maximum of 13 lots can be bid.
• 10% of the issue is for retail investors.
• It has been subscribed 1.59 percent in the last two days.

SJS Enterprises

• The Rs 800 crore IPO is also closing today.
• The IPO is purely an offer for sale of shares worth ₹710 crores by Evergraph Holdings Pte Ltd and shares of ₹90 crores by KA Joseph.
• Till Tuesday it was 54 percent subscribed.
• The price band has been kept from Rs 531 to Rs 542.
• Bidding can be done for minimum 27 shares.
• Before the IPO, the company raised Rs 240 crore from anchor investors on 29 October.

Sigachi Industries

• The Rs 43 crore IPO is closing today.
• This IPO got fully subscribed within the first hour itself.
• Till Tuesday, it had got 23.1 times subscription.
• The price band has been fixed at Rs 161-163 per share.
• The company plans to issue 76.95 lakh shares.

how to buy ipo

• If you have an active demat account then you can apply for IPO.
• One can apply for IPO through both offline and online modes.

Read also:

Paytm IPO: Country’s biggest IPO is coming next week, earn bumper by investing just Rs 12480, check details

Delhivery IPO: Logistics company Delhivery is bringing its IPO, seeking approval from SEBI by filing DHRP