What To Watch. Navkar IPO to keep logistics firms in focus

The IPO of Navkar Corporation, provider of container freight station services, opens on Monday and closes on Wednesday. Navkar would mop up ₹510 crore through the issue of fresh shares and ₹90 crore through the sale of existing shares. It has set the price band at ₹147-155. As public issues of VRL Logistics and Snowman Logistics witnessed strong response from investors, analysts will keep a close tab on this issue too. Concor, Gati and Patel Integrated will also be in focus.