📷 Image Credits: Mint
The primary market in India is gearing up for a busy period with ten new companies, two in the mainboard segment and seven in the small and medium enterprise (SME) segment, set to launch their initial public offerings (IPOs) in the upcoming week. This surge in IPO activity comes on the heels of successful public offerings from DEE Development Engineers and Akme Fintrade, which received overwhelming investor interest.
Mahavir Lunawat, Managing Director of Pantomath Capital Advisors Pvt. Ltd., highlighted the potential for a significant increase in the IPO market due to India’s strong domestic economy, thriving stock market, and growing participation from both retail and institutional investors. The robust macroeconomic environment and promising growth prospects in India are creating an ideal backdrop for a vibrant IPO market.
Some of the upcoming IPOs to watch out for include Allied Blenders and Distillers IPO, Vraj Iron and Steel IPO, Stanley Lifestyles IPO, Shivalic Power Control IPO, Sylvan Plyboard IPO, Mason Infratech IPO, Visaman Global Sales IPO, Akiko Global Services IPO, Divine Power Energy IPO, Petro Carbon and Chemicals IPO, and Diensten Tech IPO. Each IPO has its unique offering and price band, catering to a diverse set of investors.
In addition to the new public offerings, the market will also witness 11 new listings next week. Companies like DEE Development Engineers, Akme Fintrade India, Stanley Lifestyles, United Cotfab, GP Eco Solutions India, Falcon Technoprojects India, Durlax Top Surface, GEM Enviro Management, Winny Immigration and Education Services, Dindigul Farm Product, and Medicamen Organics are scheduled to be listed on various stock exchanges.
Investors and market enthusiasts are eagerly awaiting these new IPOs and listings, hoping to capitalize on the opportunities presented by these companies entering the public market. The upcoming week is set to be an exciting and eventful one for India’s IPO landscape, with a flurry of new offerings and listings shaping the investment landscape.
