IPOs This Week: Medi Assist Healthcare IPO to Maxposure IPO; 5 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 second week of January sees strong market buzz - similarly packed with new listings and initial public offering (IPO) issues, that are available for subscription. In the primary market during the period 6-13 January, the mainboard IPO of Jyoti CNC opened to raise ₹1,000 crore.
‘’The IPO frenzy of the past few months has not stopped. Big names are flocking to the market, attracting the attention of business enthusiasts,'' said Mahavir Lunawat, Managing Director, Pantomath Capital Advisors Pvt. Ltd, a mid-market investment bank.
‘’IPOs in recent times have transcended mere financial transactions, grabbing the attention of people across all age sections and is no longer confined to just seasoned investors,'' added Lunawat. Among the ongoing issues, New Swan Multitech IPO and Australian Premium Solar (India) IPO from the SME segment will close for subscription on January 15. Shree Marutinandan Tubes IPO will close for bidding on January 16.
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. The mainboard issue opens for bidding on January 15 and closes on January 17. Medi Assist Healthcare IPO is a book built issue of ₹1,171.58 crore.
The issue is entirely an offer for sale of 2.8 crore shares. The mainboard issue opens for bidding on January 19 and closes on January 23. EPACK Durable IPO is a book built issue.
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