Around eight IPOs will hit the pipeline in the current week. All of these are SME IPOs, meanwhile, there are no IPOs in the mainboard segment. However, one mainboard IPO will close and list on the secondary bourses for trading this week.

Mainboard IPO

Sanstar

Sanstar will close its issue for bidding on July 23. The company is raising Rs 510.15 crore through a combination of fresh issue and an offer for sale. The company opened its IPO for investors on July 19 at a price band of Rs 90 to Rs 95 per equity share. A retail investor needs to bid for at least one lot containing 150 shares, amounting to Rs 14,250. Link Intime India is working as the registrar for the issue. 

SME IPOs

SAR Televenture FPO 

The company will open its follow-on public offer on July 22 and close it on July 24. SAR Televenture is entirely a fresh issue o…