The Markets will be buzzing this week with multiple IPO's lined up for launch. Multiple companies are planning to launch their IPO's in the upcoming two weeks due to various factors. Some of which include the GST reforms announced by the government and no rate hikes announced by the RBI in the monetary policy meeting.
According to some reports, almost Rs. 10,000 crore worth of IPO's will be hitting the markets in the coming weeks ahead of the festive season. The merchant bankers, aware of this, have shared the list of companies planning to launch their IPO's ahead of the festive season. The names have been mentioned below in a list format.
Among the firms preparing to tap the primary markets are these 12, who might announce price bands between September 15-22:
- iValue Infosolutions
- Saatvik Green Energy
- JinKushal Industries
- Atlanta Electricals
- Park Medi World
- Solar World Energy Solutions
- Jain Resource Recycling
- CIEL HR Services
- GK Energy
- Ganesh Consumer Products
- Anand Rathi Share and Stock Brokers
- Seshaasai Technologies
Every one of these companies is expected to announce price bands of their respective IPO's this week itself. Moreover, merchant bankers are expecting these IPO's to launch prior to September 30th.
Following the announcement by the companies mentioned above, some bankers indicate that more companies will launch their IPO's. The companies offering IPO's in the next week, between September 22-30, are:
- Anantam Highway InvIT (Alpha Alternatives)
- Epack Prefab Technologies
- Pranav Construction
- TruAlt Bioenergy
The launch dates for these IPO's are planned to be early October. The cumulative amount that will be raised through these IPO's is Rs. 10,000 Crores. Since the clearance or green signal that has to be taken from SEBI (Securities and Exchange Board of India) has already been received. It is
The funds raised by companies will help them meet capital expenditure requirements, finance expansion plans, repay borrowings, and cover general corporate purposes. The pipeline adds to an already strong year for IPOs.
Already, 55 companies have floated their initial public offerings, raising nearly Rs 75,000 crore. Two more IPOs, Euro Pratik Sales and VMS TMT, are scheduled to open this week. The robust activity comes on the back of a solid 2024, when 91 public issues collectively mobilised Rs 1.6 lakh crore, supported by resilient retail participation, a booming economy, and strong private capital expenditure. Market observers note that the renewed momentum this year is being fuelled by policy tailwinds, such as income tax relief, GST 2.0 reforms, and the RBI’s rate cuts.
Many companies are also rushing to the market on the back of favourable liquidity and strong support from domestic institutional investors (DIIs), despite continued selling of Indian equities by foreign portfolio investors (FPIs). According to Vaqarjaved Khan, Senior Fundamental Analyst at Angel One, ”IPOs are coming in sectors backed by strong tailwinds. These sectors include financial services, retail, renewables, manufacturing, and healthcare”.