Mumbai: The market is gearing up for a flurry of new initial public offerings (IPOs) and a fresh listing set to hit the primary market next week. After the successful response to Ixigo’s IPO, which raised over ₹740.10 crore recently, investor interest remains high.
According to Mahavir Lunawat, Managing Director at Pantomath Capital Advisors Pvt. Ltd., a leading mid-market investment bank, about 24 companies are preparing to launch IPOs in the coming months. These IPOs collectively aim to raise over ₹30,000 crore, highlighting India’s status as the world’s second-largest IPO market.
Here’s a snapshot of the IPOs opening for subscription next week:
DEE Piping Systems IPO
- Opens: June 19, 2024
- Closes: June 21, 2024
- Issue Size: ₹418.01 crores
- Price Band: ₹193 to ₹203 per share
Aasaan Loans IPO
- Opens: June 19, 2024
- Closes: June 21, 2024
- Issue Size: ₹132 crores
- Price Band: ₹114 to ₹120 per share
Stanley Lifestyles IPO
- Opens: June 21, 2024
- Closes: June 25, 2024
- Issue Size: ₹537.02 crores
- Price Band: ₹351 to ₹369 per share
GEM Enviro IPO
- Opens: June 19, 2024
- Closes: June 21, 2024
- Issue Size: ₹44.93 crores
- Price Band: ₹71 to ₹75 per share
Durlax Top Surface IPO
- Opens: June 19, 2024
- Closes: June 21, 2024
- Issue Size: ₹40.80 crores
- Price Band: ₹65 to ₹68 per share
Falcon Technoprojects India IPO
- Opens: June 19, 2024
- Closes: June 21, 2024
- Issue Size: ₹13.69 crores
- Price: ₹92 per share
EnNutrica IPO
- Opens: June 20, 2024
- Closes: June 24, 2024
- Issue Size: ₹34.83 crores
- Price Band: ₹51 to ₹54 per share
Winny Immigration IPO
- Opens: June 20, 2024
- Closes: June 24, 2024
- Issue Size: ₹9.13 crores
- Price: ₹140 per share
Medicamen Organics IPO
- Opens: June 21, 2024
- Closes: June 25, 2024
- Issue Size: ₹10.54 crores
- Price Band: ₹32 to ₹34 per share
New Listings:
- ixigo IPO: Listed on BSE and NSE from June 18, 2024
Investors are keenly watching these opportunities amid the current market dynamics, driven by renewed confidence post-elections and expectations of sustained economic growth.
Disclaimer: The views and investment tips expressed by investment experts on Sharepriceindia.com are their own and not those of the website or its management. Sharepriceindia.com advises users to check with certified experts before taking any investment decisions.
