IPO Market Action: 8 New Public Issues and 13 Listings will heat up the market
Next week is going to be very exciting for stock market lovers. IPO Market Action is so strong that despite the subdued condition of the equity market, new opportunities are continuously coming for investors. The IPO wave is once again gaining momentum on Dalal Street, and September is going to start with the explosion of new public issues and listings.
IPO Market Action: 8 New Issues Start from September 1
IPO Market Action is going to be even faster next week because a total of 8 new IPOs are going to open from September 1 to September 5. One of these IPOs is from the mainboard segment, the rest are from the SME segment. Talking about mainboard IPOs, Amanta Healthcare is coming up with its Rs 126-crore issue, which will be open for subscription from 1 to 3 September. The company has already raised Rs 37.8 crore from its anchor investors, which is a positive sentiment for the market.
Apart from this, the biggest highlight of the IPO market action is the SME segment where 7 new IPOs are lined up. All these IPOs are bringing a new value in their category and will give investors a chance to diversify sector-wise.
IPO Market Action in SME Segment: 7 IPOs on the Way
The SME segment will see the most IPO market action. On September 1, Rachit Prints, which makes specialty fabrics for mattresses, is launching its Rs 19.5-crore IPO. This will be followed by two big IPOs on September 2 — Optivalue Tek Consulting (IT solutions provider)’s Rs 52-crore issue and Goel Construction’s Rs 100-crore IPO.
On September 3, Austere Systems, an IT services and solutions provider, is set to open its Rs 15.6-crore IPO. After this, on September 4, Vigor Plast India, which makes PVC pipes and fittings, will launch its Rs 25.1-crore IPO. On the same day, aluminium products manufacturer Sharvaya Metals is also coming up with its Rs 58.8-crore issue.
The last issue in the IPO Market Action on 5 September will be the IPO of Vashishtha Luxury Fashion, which exports embroidery work and garments. The company will raise Rs 8.87 crore and give investors a unique exposure in its niche market.
IPO Market Action: Ongoing Issues and Closing Schedule
Closing of already open IPOs is also scheduled in this beach. Oval Projects Engineering IPO, which opened on 28 August, will close on 1 September. Apart from that, IPOs of Sugs Lloyd, Snehaa Organics, and Abril Paper Tech will close on 2 September.
This schedule clearly shows that the IPO market action is consistently strong and every day new opportunities are coming up for investors.
IPO Market Action: 13 Listings Lined Up Next Week
IPO market action is not just limited to new issues, but 13 IPO listings are also lined up for next week. This includes 2 mainboard listings and 11 SME segment listings.
In the mainboard segment, Anlon Healthcare and Vikran Engineering will make their debut on 3 September. The demand for both these IPOs was also tremendous, where Anlon Healthcare was oversubscribed 24 times and Vikran Engineering 7 times.
There is a lot of activity in the SME segment as well. Shares of Anondita Medicare, Shivashrit Foods, and Classic Electrodes (India) will be available for trading from 1 September. NIS Management and Globtier Infotech will start their trading journey on 2 September.
Shares of Current Infraprojects and Sattva Engineering Construction will start trading on 3 September, while Oval Projects Engineering will list itself on 4 September. Finally, shares of Abril Paper Tech, Sugs Lloyd, and Snehaa Organics will debut on the stock market on 5 September.
IPO Market Action: What is the opportunity for investors
IPO market action clearly shows that both liquidity and investor interest are high in the primary market. Even though there is some pressure in the equity market, IPOs are providing fresh and diversified options to investors. Companies from different sectors are raising money from the market for their expansion plans and retail investors are also getting a chance to participate in them.
This is a golden phase for those who are planning long-term investment because they are getting entry into new sectors through IPO market action. But investors should take decisions based on their research and risk appetite.
Disclaimer:
This article is for informational purposes only. Before taking any financial decision based on the IPO details and market information given in it, you must consult your financial advisor. Stock market investment can be risky, so invest your money after thinking carefully.
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