IPOs Next Week: Ratnaveer Precision Engineering IPO, 3 others: 4 new issues, 4 listings to keep primary market buzzing
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 upcoming week opens the market buzz for September, which is similarly packed with new listings and initial public offering (IPO) issues, that are available for subscription.
‘’In the primary market during the period August 26-September 1, two mainboard IPOs opened for listing, raising a total of ₹504 crore. One of the mainboard IPO listed at robust premium of 83 per cent…It is worth noting that IPO wave is very strong.
Next week looks promising with IPOs like Vishnu Prakash and Rishabh Instruments on the horizon amounting to ₹798 crore,'' said Mahavir Lunawat, Managing Director, Pantomath Capital Advisors Pvt. Ltd, a mid-market investment bank.
‘’The remarkable volume of IPOs in India, covering a diverse range of sectors and industries, showcases the country's economic resilience and its attractiveness as an investment hub further the regulator SEBI is also actively covering the IPO dynamics reduced the time taken for listing of specified securities after the closure of public issue to three working days (T+3 days) showing the technical superiority of India’s primary market,'' added Lunawat. Among the ongoing issues, three IPOs from the SME segment will close in the coming week.
Saroja Pharma Industries IPO, Pramara Promotions IPO, and Basilic Fly Studio IPO close on Tuesday, September 5, Let's take a look at some of the companies that are opening for subscription this week, along with few that are getting listed on the bourses. Ratnaveer Precision Engineering IPO will open for subscription on
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