Upcoming IPOs: Nine New Public Offerings and One Debut Listing on Dalal Street Next Week

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.

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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.