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IPO rush continues: 7 issues to raise over Rs 1,400 crore this week

This week, investors can look forward to three mainboard initials and four SME IPOs, with a combined goal of raising over ₹1,400 crore in the primary market. As some companies from last week finalize their offerings, five others that went public will list shortly. The SME sector also experiences its own set of IPO conclusions and fresh listings this week.

The Economic Times reports that the primary market is set to see another busy week with seven mainboard and four SME initial public offerings (IPOs) aiming to raise over ₹1,400 crore. This follows the previous week's record, where six mainboard and seven SME IPOs raised more than ₹4,447 crore. Among the mainboard IPOs this week are Purple Style Labs, which is targeting around ₹680 crore, Deepa Jewellers at ₹460 crore, and Rays Belief at ₹125 crore.

In the SME segment, Farm Peace, Phychem Technologies, Shanti Inorganics, and Ashutosh Fibre are set to tap the market.

Brief written by urgent.news from The Economic Times - Top News's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at economictimes.indiatimes.com →

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