IPOs this week: JNK India and three SME issues to raise over Rs 740 crore

Produced by: Pawan Kumar Nahar

Four IPOs

As many as four IPOs will hit Dalal Street in the current week, that is, April 22-26, including a one main board issue. The four companies will aim to raise a total of Rs 743.65 crore from investors via their primary offering in the given week.

Varyaa Creations IPO

Price Band: Rs 150 Issue Size: Rs 20.10 crore Lot Size: 1,000 shares Dates: April 22-25

About Varyaa Creations

Incorporated in July 2005, Varyaa Creations deals in wholesale trading of gold, silver, precious stones, and semi-precious stones. The portfolio offers customers various jewellery designs for all occasions and price points.

JNK India IPO

Price Band: Rs 395-415 Issue Size: 649.47 crore Lot Size: 36 equity shares Dates: April 23-25

About JNK India

Incorporated in 2010, JNK India is engaged in the design, manufacture, supply, installation, and commissioning of process-fired heaters, reformers and cracking furnaces.

Emmforce Autotech IPO

Price Band: Rs 93-98 Issue Size: 53.90 Crore Lot Size: 1,200 Shares Dates: April 23-25

About Emmforce Autotech

Emmforce Autotech was founded in 2012 and is a manufacturer and exporter of drivetrain parts for niche vehicles. Its manufacturing facility is located in Baddi, Himachal Pradesh.

Shivam Chemicals IPO

Price Band: Rs 44 Issue Size: Rs 20.18 crore Lot Size: 3,000 Shares Dates: April 23-25

About Shivam Chemicals

Shivam Chemicals produces Hydrated Lime (Calcium Hydroxide) and distributes various products including Poultry feed supplement, Di-Calcium Phosphate, Magnesium Oxide, Limestone Powder, and more.