Upcoming IPOs: 3 SME public issues and 6 new listings scheduled for primary market this week

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₹4,275 crore. Bharti Airtel's subsidiary company was subscribed over 30 times. “A major catalyst fueling optimism in the primary market and brightening the outlook for upcoming listings is the push to unlock value.

This drive to unlock value is a win-win for promoters and investors, setting the stage for exciting opportunities ahead," said Mahavir Lunawat, Managing Director, Pantomath Capital Advisors Pvt. Ltd. Also read: Week Ahead: Inflation data, Q4 results, crude oil prices, global cues among key market triggers this week “The buzz around India's growth story has ignited a hunger for top-notch investments.

With incentives and a push for capital spending gaining momentum, the markets are set to keep dazzling with their stellar performance, spreading positivity far and wide across sectors. And with this momentum, the IPO frenzy is showing no signs of slowing down!," he further added. In addition to Bharti Hexacom, five other SME IPOs that opened for subscription last week will be listed on the exchanges in the coming week.

Teerth Gopicon IPO opens for subscription on April 8, 2024 and closes on April 10, 2024. It is is a fixed price issue of ₹44.40 crore and is entirely a fresh issue of 40 lakh shares. The price band of the SME IPO has been fixed at ₹111 per share.

Interactive Financial Services Ltd is the book running lead manager of the Teerth Gopicon IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Teerth Gopicon IPO is Giriraj Stock Broking. Also read: Bharti Hexacom IPO booked 29.88 times on the last day of bidding process led by QIBs, NIIs.