Stay updated with breaking news from Ipos Next Week. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Next week, Protean eGov Technologies and ASK Automotive are planning to raise a cumulative Rs 1,324 crore through their public offers. Two IPOs in the SME segment -- Rox Hi-Tech and Sunrest Lifescience -- will also open for subscription next week.
The primary market will see several companies launch thier public offer in the week ahead. One mainboard IPO of IRM Energy and two SME issues -- WomenCart Ltd and Rajgor Castor Derivatives -- will tap the public markets to raise funds in the upcoming week.
The real action will be seen in the SME segment as 12 IPOs worth Rs 431-crore are ready to be launched next week, with five of them opening on September 25.
The primary market remained unfazed even amid mixed global trends. A push provided by foreign institutional investors (FIIs), consistent corporate growth, and steady monsoon predictions are some of the factors that led to such buoyancy, said analysts.
IPOs Next Week: Vishnu Prakash R Punglia, Aeroflex Industries, TVS Supply Chain, Pyramid Technoplast, Shelter Pharma, Bondada Engineering, and Crop Life Science.