The IPO for Ratnaveer Precision begins: This week, there is an investing opportunity in EMS Limited and Jupiter Life Line, with a minimum investment of 14,700

Three Initial Public Offerings (IPOs) are set to begin trading on the stock exchange this week. Ratnaveer Precision Engineering Limited has begun operations in this regard as of today

This week will also see the availability of investment opportunities in Jupiter Life Line Hospitals Limited and EMS Limited. Let us know about the initial public offerings of these three companies one by one.

Ratnaveer Precision Engineering Limited is a company that specialises in precision engineering.

Ratnaveer Precision Engineering Limited intends to raise 165.03 crore with this initial public offering. Retail investors can apply for this IPO starting today, September 4th, and ending on September 6th. The company’s shares will be launched on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) on September 14.

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The issue’s price band has been set by the firm at 93-98. Retail investors can bid for as few as one lot, or 150 shares. If you apply for 1 lot at the IPO’s upper price range of 98, you will have to invest 14,700.

A maximum of 1950 shares can be bid on by retail investors.

Retail investors can bid for a maximum of 13 lots, or 1950 shares, in Ratnaveer Precision Engineering Limited’s IPO for a maximum of 1,91,100 as per the upper price band.

The company makes washer pipes, finishing sheets, and other goods.

In Gujarat, Ratnaveer Precision Engineering Limited does its business out of four manufacturing facilities. The company makes pipes, tubes, hooks, and washers for solar mounting, as well as finishing sheets and washers. Along with this, the business also creates goods using stainless steel for use in power plants, solar, wind, and other types of energy.

Hospitals Jupiter Life Line Limited

Through this IPO, Jupiter Life Line Hospitals Limited hopes to raise $869.08 crore. Applications for this IPO are accepted from 6 to 8 September from retail investors. The National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will both list the company’s shares on September 18.

The company has set the IPO price range at 695 to 735 rupees per share. Retail investors are eligible to apply for at least one lot, or 20 shares. Applying for 1 lot at the IPO’s upper price range of 735 will require a $14,700 investment.

Similar to this, individual investors can only offer for a maximum of 13 lots, or 260 shares, in the IPO of Jupiter Life Line Hospitals Limited. To do so, they must pay 1,91,100 according to the upper price band.

hospitals run by Jupiter in Thane, Pune, and Indore

In the Mumbai Metropolitan Region (MMR) and western India, Jupiter Life Line Hospitals Limited offers multi-specialty tertiary and quaternary healthcare. Currently, the “Jupiter” trademark is used by three hospitals in Thane, Pune, and Indore. 1,194 beds are available in all three hospitals together.

Through an initial public offering, EMS Limited hopes to raise 321.24 crore. From September 8 through September 12, retail investors can submit an application for this IPO. On September 21, the company’s shares will be admitted to trading on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).

The price range for the issue has been set by the corporation at $200 to $111. A minimum bid from retail bidders is one lot, or 70 shares. You will need to put up 14,700 if you apply for 1 lot at the IPO’s upper price range of 211.

A maximum of 910 shares may be bid on by retail investors.

Retail investors can offer up to 13 lots, or 910 shares, in the EMS Limited IPO, for a maximum cost of 192,010 (the upper price range).

In all three IPOs, a 35% portion is set aside for ordinary investors.

Each of the three businesses has set aside 50% of their IPO for qualified institutional investors (QIP). In addition, retail investors are entitled to a 35% share, while non-institutional investors (NII) are given the remaining 15%.