IPO Calendar: 1 IPO, 5 listings investors need to watch out for next week
IPO activity post the general election in June, the primary market will take a breather next week with no new issues in the mainboard segment. However, there is an SME IPO of Sahaj Solar, the only one, set to open on June 11.
Despite a brief pause, analysts said India's robust economic foundation and bright growth prospects made it an excellent time for the country's thriving IPO market.
They anticipate substantial investment in public markets and also high demand for both new-age and conventional businesses in the near future.
During the first half, around 35 companies from diverse sectors such as co-working space, furniture retailing, and online ticket booking have been able to tap the market raising almost Rs 32,000 crore.
“A stronger H2 CY25 for the IPO market is anticipated, with increased activity, potentially larger deals, and new listings across diverse sectors. As always, thorough analysis of individual company fundamentals and future prospects remains crucial before making any investment decisions,” said Mahavir Lunawat, Managing Director, Pantomath Capital Advisors.
Despite no new mainboard public offers, the Street will see listings of Emcure Pharmaceuticals and Bansal Wire, both of which have generated healthy traction among investors.
While the IPO of Emcure received a subscription of nearly 68 times, driven by strong interest from institutional investors, the public offer of Bansal Wire saw a subscription of 59 times at close.
Apart from the above, three SME companies are also gearing up to
