Market Buzz: Primary Market Braces for Busy Week Ahead with 6 New IPOs and 12 Listings on the Horizon; Full Details Inside

After a bustling week, the primary market is poised to launch one of the most awaited initial public offerings (IPOs) of the year, featuring Go Digit General Insurance.

During the preceding week, Dalal Street witnessed three significant mainboard segment IPOs, collectively raising over ₹6,000 crore amidst the ongoing general elections across the nation.

In the upcoming week, the market anticipates the opening of six new public issues, comprising one mainboard IPO and five small and medium enterprise (SME) issues. Additionally, approximately 12 new IPOs are slated to make their market debut.

Here’s an overview of the IPOs set to launch in the forthcoming week:

1. Go Digit IPO: Subscription opens on May 15, 2024, and closes on May 17, 2024. Backed by Virat Kohli and Anushka Sharma, the IPO is valued at ₹2,614.65 crores.
2. Veritaas Advertising IPO: Subscription opens on May 13, 2024, and closes on May 15, 2024. This SME IPO is valued at ₹8.48 crores.
3. Mandeep Auto Industries IPO: Subscription opens on May 13, 2024, and closes on May 15, 2024. This SME IPO is valued at ₹25.25 crores.
4. Indian Emulsifier IPO: Subscription opens on May 13, 2024, and closes on May 16, 2024. This IPO is valued at ₹42.39 crores.
5. Quest Laboratories IPO: Subscription opens on May 15, 2024, and closes on May 17, 2024. This SME IPO is valued at ₹43.16 crores.
6. Rulka Electricals IPO: Subscription opens on May 16, 2024, and closes on May 21, 2024. This IPO is valued at ₹26.40 crores.

Additionally, several IPOs from the previous week are set to list:

• Indegene IPO: Listing on BSE, NSE on May 13, 2024.
• Aadhar Housing Finance IPO: Tentative listing date on May 15, 2024.
• TBO Tek IPO: Tentative listing date on May 15, 2024.
• Refractory Shapes IPO: Tentative listing date on May 14, 2024.
• Winsol Engineers IPO: Tentative listing date on May 14, 2024.
• Finelistings Technologies IPO: Tentative listing date on May 14, 2024.
• Silkflex Polymers IPO: Tentative listing date on May 15, 2024.
• TGIF Agribusiness IPO: Tentative listing date on May 15, 2024.
• Energy Mission Machineries IPO: Tentative listing date on May 16, 2024.
• Piotex Industries IPO: Tentative listing date on May 17, 2024.
• Aztec Fluids & Machinery IPO: Tentative listing date on May 17, 2024.
• Premier Roadlines IPO: Tentative listing date on May 17, 2024.