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Four companies to raise Rs 8,800 cr cumulatively in busy week for IPOs

Hyderabad-based Dodla Dairy and Krishna Institute of Medical Sciences announced their Rs 520-crore and Rs 2,144-crore IPOs on Friday

Initial public offerings, IPOs, stock market, investors
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Illustration: Binay Sinha

Sundar Sethuraman Mumbai
Four companies looking to raise a cumulative Rs 8,800 crore will launch their initial public offerings (IPOs) next week, in what will be the busiest five days for maiden offering in three months. On Friday, Hyderabad-based Dodla Dairy and Krishna Institute of Medical Sciences (KIMS) announced their Rs 520-crore and Rs 2,144-crore IPOs, respectively, which will remain open between Wednesday and Friday. Earlier, Shyam Metalics and Energy, an integrated metal producing company, announced its Rs 909-crore offering and automotive components maker Sona BLW Precision Forgings announced its Rs 5,250-crore IPO. Shyam Metalics and Sona BLW’s IPO will remain open between Monday

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