The fall in equity markets has dampened the mood of the primary market for the near future. There will be no new IPO launches in the (Diwali) week starting October 28. However, 8 listing companies including Waaree Energies, Deepak Builders and Godavari Biorefineries will light up the market in Diwali week. Nifty 50 fell 8 per cent from its record high of September 27 due to heavy selling pressure from FIIs, weak quarterly results and geopolitical tensions and may see further bearish trend ahead of the US elections.

Talking about next week's update, Shapoorji Pallonji Group-owned engineering and construction company Afcons Infrastructure will close its Rs 5,430 crore initial share sale on October 29. So far it has not received much response from investors.

Only 10 per cent was subscribed on the first day of bidding on October 25. In the SME segment, subscription for the Rs 98.5 crore IPO of Usha Financial Services will close on October 28. In the last two days, it was booked 3.13 times. What do experts say Experts say that there is definitely a possibility of delay in IPO due to near term concerns in the equity market but it will not affect the IPO plans of many companies as they believe that post pricing in the current current risk, the market mood may change in November and after this, there may be a flood of pending IPOs again and 2025 is expected to be a better year than 2024. According to Moneycontrol, Amit Jain of Ashika Global said that the IPO fundraising landscape in 2025 will surpass that of 2024, with estimates suggesting a strong pipeline as market conditions stabilize. He said that there are expectations in 2025, but the immediate outlook may be affected due to current market dynamics. So far, 69 companies have raised Rs 1.18 lakh crore through their IPOs in the current year 2024. The total fund raised through IPOs in the current year, including SMEs, stood at Rs 1.26 lakh crore, which is much better than last year (about Rs 58,000 crore).