India's primary market is set to remain active next week with nine companies planning to raise a combined ₹7,681 crore through initial public offerings (IPOs). The IPOs are scheduled to open between August 10 and 12, covering both the mainboard and SME segments, according to livemint.com.
The upcoming IPOs include notable names such as Shiprocket and Dhoot Transmission, among others. These companies are targeting a wide range of investors as they prepare to debut on the stock market. Shares of eight companies that opened for subscription last week are also expected to make their market debut soon, adding to the market activity.
This batch of IPOs reflects continued investor interest in India's equity markets, with companies across sectors seeking capital to fund expansion and operations. The ₹7,681 crore target is significant compared to recent weeks, highlighting robust demand for new listings. The inclusion of both mainboard and SME segment companies indicates a diverse range of investment opportunities.
The subscription windows for these IPOs will be open from August 10 to 12, with investors able to participate through their brokers or online platforms. Market participants will closely watch the subscription levels and listing performance of these companies to gauge the health of India's IPO market this quarter.