By Mahavir Lunawat, Managing Director, Pantomath Capital Advisors Pvt. Ltd. – A Leading Mid-Market Investment Bank
“Had an action-packed week, 12-18 Aug, in the primary market, with 2 mainboard IPOs opened for listing, raising a total of INR 1,033 crore. Mainboard IPO SBFC Finance listed at robust premium of 44%.
The country’s primary market may be headed for a revival with at least 71 companies firming up plans to launch their IPOs in the second half of fiscal 2024, according to Delhi-based primary market tracker Prime Database. Recent IPOs gaining momentum with massive subscriptions and listing gains
It is worth noting that the IPO wave is very strong. Next week looks promising with IPOs on the horizon amounting to 351 crores”
