Theranautilus Secures $1.2 Mn in Seed...
19 Nov 2024
Next week, the Indian primary markets are set to see a surge in activity with six new IPOs and eight listings. Companies like Orient Technologies and Interarch Building Products will debut on the stock exchanges, while the IPOs of Premier Energies and ECOS (India) Mobility & Hospitality will be open for subscription.
The markets have been buzzing, with the recent IPO of Saraswati Saree Depot making a notable debut, opening at a 25% premium on the BSE. Interarch Building Products saw strong demand, being oversubscribed by nearly 94 times, while Orient Technologies also garnered significant investor interest, with a subscription of nearly 17 times by the second day.
Looking forward, Premier Energies' IPO is set to open on August 27, 2024, with shares priced between Rs 427-450, and will close on August 29, 2024. ECOS (India) Mobility & Hospitality's IPO will be available from August 28 to August 30, 2024, with shares priced between Rs 318-334.
The SME segment will also see activity, with listings from companies like Ideal Technoplast Industries, QVC Exports, Forcas Studio, and others. Additionally, new IPOs from Aeron Composite, Paramatrix Technologies, Jay Bee Laminations, and Indian Phosphate will open for subscription.
These developments are set to energize the primary markets, providing numerous opportunities for investors in the coming week.
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