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IPO wave shows no signs of abating in May; election clarity bolsters investor confidence

In 2024, Indian primary market bucked the two-decade trend of coming to a virtual standstill before a general election with record fundraising. Several issues are likely to be launched even in May as investors and companies are less uncertain about the outcome of the elections this year.
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diffusion engineers ipo: Engineering solutions provider Diffusion Engineers files DRHP for IPO

Diffusion Engineers issue is being made through the book-building process, wherein 50% of the offer will be available for allocation on a proportionate basis to qualified institutional buyers (QIB), 15% to non-institutional investors and 35% to retail investors.
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Jyoti CNC Automation ipo: Jyoti CNC Automation to launch Rs 1,000 crore-IPO on January 9. Check details

The company had filed its draft red herring prospectus (DRHP) with the market regulator in September 2023. The IPO is completely a fresh issue worth Rs 1,000 crore. The price band for the public offer will be announced soon. The share allotment for the IPO will be finalised on January 12 and the listing date is fixed as January 16.
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