Buy, sell or hold: What should you do with Muthoot, Suraj Estate and Motisons post-listing?
Analysts suggest Suraj Estate Developers presents a viable hold opportunity for medium to long-term investors
Stay updated with breaking news from Suraj Estates. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Analysts suggest Suraj Estate Developers presents a viable hold opportunity for medium to long-term investors
More than half a dozen companies will hit the market with their initial public offerings (IPOs) between now and the end of next week. The cumulative amount raised from these IPOs is expected to be around Rs 8,000 crore. Stationery products firm DOMS Industries and home financier India Shelter Finance's IPOs - of Rs 1,200 crore each - got off to a flying start on Wednesday (December 13), with the former garnering over six times the subscription and the latter getting 1.5 times subscribed.
This presents multiple investment opportunities as several companies gear up to launch their initial public offerings (IPOs) next week, accompanied by eight scheduled new listings.
Sources also told Moneycontrol that the coming two weeks are likely to see a flood of public issues with a target to raise Rs 10,000-12,000 crore.