IPOs Next Week: JSW Infra IPO to Arabian Petroleum IPO; 16 new issues, 8 listings to keep primary market buzzing

livemint.com:

IPOs Next Week: The primary market witnessed some major listings in both main board and small- and medium-sized enterprise (SME) segments last month, which kept investors engaged with subscriptions and listings. Moving on, the last week of September sees strong market buzz - similarly packed with new listings and initial public offering (IPO) issues, that are available for subscription. Last week, three mainboard IPOs - Jupiter Life Line Hospitals, EMS Limited and R R Kabel listed raising a total of ₹3,154 crore.

‘’While remaining unfazed by global downward trends, India has notched the top position in world rankings in terms of initial public offerings (IPOs). The IPO graph of India at the global level has witnessed a steady growth trajectory. For instance, it was 6 per cent in 2021, 11 per cent in 2022, and now stands at 13 per cent year-to-date in 2023,'' said Mahavir Lunawat, Managing Director, Pantomath Capital Advisors Pvt.

Ltd, a mid-market investment bank. ‘’A push provided by foreign institutional investors, consistent corporate growth, and steady monsoon predictions are some of the factors that have led to buoyancy in the market,'' added Lunawat In the upcoming week, the focus shifts on Signature Global Ltd, Sai Silks Ltd and Manoj Vaibhav Gems Jewellers, all aiming to gather over ₹2,200 crore from investors. Among the ongoing issues, Vaibhav Jewellers IPO closes on September 26 from the mainboard segment.