Total 13 IPO in week
In addition to these four main-board IPOs, nine SMEs are also set to launch their first public issues next week, aiming to raise ₹254 crore. Altogether, these 13 companies are seeking to collect ₹8,644 crore through their IPOs.
Munish Aggarwal, Managing Director and Head of Equity Capital Markets at Equirus, anticipates that the next two weeks will be very busy for IPO issuance activity.
The four main-board IPOs are Bajaj Housing Finance, expected to raise around ₹6,560 crore; PN Gadgil Jewellers, aiming for ₹1,100 crore; Kross Ltd, targeting ₹500 crore; and Tolins Tyres, which plans to collect ₹230 crore.
Among these, the IPOs for Bajaj Housing Finance, Kross Ltd, and Tolins Tyres will be open for subscription from September 9 to September 11, while PN Gadgil Jewellers’ IPO will open on September 10 and close on September 12.
