With the markets in a buoyant mood and experts feeling that the Nifty could cross 15,500 by the end of April, as many as five IPOs are set to hit the market this week, leaving investors spoilt for choice. The IPOs put together are set to raise a massive ₹3,764 crores. There are several other IPOs expected to hit the market over 2021.

Craftsman Automation and Laxmi Organics Industries will open their IPOs on Monday. Kalyan Jewelers on Thursday, and Suryoday Small Finance Bank and Nazara Technologies on Wednesday.

2021 has been a bonanza for IPOs with Railtel, Indigo Paints, Stovekraft, and IRFC among others having a bumper listing.

Let us take a look at which IPO looks more attractive for investors this week.

Automaker Craftsman Automation IPO

Size of IPO: ₹824 crores

Who is offloading their shares? Srinivasan Ravi, K Gomatheswaran, Marina III (Singapore) Pte Ltd and International Finance Corporation (IFC).

Price Band: ₹1488-1490 per share

Start date: March 15, 2021

End date: March 17, 2021

Laxmi Organics IPO

Size of IPO: ₹600 crore

Who is offloading their shares? Yellow Stone Trust

Price Band: ₹129-130 per share

Start date: March 15, 2021

End date: March 17, 2021

Kalyan Jewelers IPO

Size of IPO: ₹1,175 crores

Who is offloading their shares? Kalyan Jewellers’ promoter T S Kalyanaraman would be offloading shares worth up to ₹125 crore, while Highdell Investment Ltd, an affiliate of Warburg Pincus, would sell up to ₹250 crore worth of shares through the OFS route.

Price Band: ₹86-87 per share

Start date: March 16, 2021

End date: March 18,2021

Suryoday Small Finance Bank

Size of IPO: ₹582 crores

Who is offloading their shares? Those offering shares through the OFS route include International Financial Corporation (IFC), Gaja Capital, HDFC Holdings, IDFC First Bank, Kotak Mahindra Life Insurance Company, DWM (International) Mauritius Ltd and Americorp Ventures.

Price Band: ₹303-305 per share

Start date: March 17, 2021

End date: March 19,2021

Nazara Technologies

Size of IPO: ₹583 crores

Who is offloading their shares? Those selling shares in the IPO include Mitter Infotech LLP, a promoter of the company, IIFL Special Opportunities Fund, Good Game Investment Trust, IndexArb Securities and Azimuth Investments.

Price Band: ₹1100-1101 per share

Start date: March 17, 2021

End date: March 19,2021