Now Reading: 7 IPOs to raise over Rs 4,900 crore this week
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7 IPOs to raise over Rs 4,900 crore this week
Seven companies will launch their initial public offerings this week, aiming to collectively raise over Rs 4,900 crore. The primary market will see a busy week starting September 21, with the largest…
Seven companies will launch their initial public offerings this week, aiming to collectively raise over Rs 4,900 crore. The primary market will see a busy week starting September 21, with the largest IPO being Elevate Campuses at Rs 2,100 crore.
The IPO schedule includes Varmora Granito (Sept 22-24, Rs 708 crore), Elevate Campuses (Sept 23-25, Rs 2,100 crore), ArMee Infotech (Sept 23-25, Rs 300 crore), Swastika Infra (Sept 23-25, Rs 161 crore), Adroit Industries (Sept 23-25, Rs 151 crore), A-One Steels India (Sept 24-28, Rs 405 crore), and Moneyview (Sept 24-28, Rs 1,092 crore).
In addition, six companies including NSE and Hero Motors are scheduled for listing. The price bands and lot sizes have been announced for each issue.
Indian Opinion Analysis
The primary market has seen sustained activity over the past few months, with small and midcap segments attracting significant investor interest. The week's largest offering, Elevate Campuses, operates in the student accommodation and K-12 school assets space, a niche that has drawn investor attention amid rising demand for organised education infrastructure. Moneyview, a digital lending platform, also stands out as fintech IPOs have been closely watched since the regulatory tightening on unsecured lending by the RBI last year. The total of over Rs 4,900 crore being raised in a single week will test the market's absorption capacity, especially if multiple issues are open simultaneously. The subscription figures, starting from September 22, will be the first signal of demand.
Source: bazaar.businesstoday.in
This brief was synthesised by AI from the source linked above.
