Several companies are planning to release their IPOs. While some have already filed their DRHP papers. We are going to have a look at the IPOs going to be released in June 2024 below. Companies like Go Digit and Awfis Space Solutions are currently running IPOs that performed highly well in the market. Go Digit is the first health insurance company to release its IPO in this financial year. Thus, its demand is increasing.

Latest IPO

IPO Releasing In June 2024

  1. Kronox Lab Sciences: The company is going to release its IPO on 3 June 2024 and will close on 5 June 2024. It will have a face value of Rs. 10 per share with a price band between Rs. 129 to Rs. 136 per share. The lot size of the company will be 110 Shares. The Offer for Sale is 9,570,000 shares of Rs. 10. While the total issue of shares will be 9,570,000 shares. The company will allot the shares on 6 June 2024 (expected).  The listing date will be 10 June 2024 (expected).
  2. Allied Blenders & Distillers: The company is going to release its IPO by the second half of June 2024. The company is known by its brand name Officers Choice. It deals in a variety of whisky, rum, and brandy. Having 8.2% of the market share, the company plans to raise Rs. 1,500 crores with Rs. 1,000 crores from fresh issue of shares and offer for sale of Rs. 500 crores.
  3. Sanstar: The company filed its DRHP papers in January 2024. It received an approval from the SEBI for the IPO. Thus, the company expects to release its IPO in June 2024. However, there are no clear dates released by the company at the moment. The company will have a fresh issue of equity shares along with an offer for sale. Sanstar has a revenue of Rs. 1,180 Crores for the FY23. While its EBITDA and PAT is Rs. 42 Crores.
  4. CJ Darcel Logistics: The company deals in the logistics business. It can soon have its IPO. However, there is no date for the release of the IPO yet. CJ Darcel has been running successfully for the past 36 years. The company will have its IPO with a face value of Rs. 10 per share. There will be both offers for sale and fresh equity. The offer for sale can be up to 5,431,071 equity shares. While the fresh issue will be a total of Rs. 3,400 million.

These are the top companies that are expecting an IPO soon. The investors can have a look at the financials of the company on their official website. Consider deep research before investing in any company.


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