The IPO lane is getting busy with three entities — Rashi Peripherals, Jana Small Finance Bank and Capital Small Finance Bank– set to float their maiden public issues on Wednesday to collectively mobilise around Rs 1,700 crore.
Additionally, Entero Healthcare Solutions will launch its Rs 1,600-crore initial share-sale on February 9. Further, the Rs 920-crore IPO of Apeejay Surrendra Park, which runs hotels under the “The Park” brand, is currently under subscription.
Last month, five firms tapped the primary market and garnered around Rs 3,266 crore.
Market experts maintain a strong bullish outlook on the IPO (initial public offering) market for 2024. Companies are expecting to benefit from an equity market which is flush with liquidity and has seen a sharp increase in new retail investors.
“We hold a strong bullish outlook on the IPO market in 2024. This optimism is buoyed by robust domestic and foreign investments, driven by superior growth prospects of the Indian markets. The ..
| Subscribe To Our Free Newsletter |
