There is action in the IPO market and issues of companies are constantly coming out and getting listed. The amount of money raised by companies from the primary market so far in the year 2024 is more than the amount raised in the entire last year. Not only this, there is a long queue of new issues left in the market. There is bound to be a lot of action in the primary market next week as well. In the week starting from September 23, 11 new IPOs, big and small, are in the queue and 14 companies are going to be listed in the market.
Issues coming next week
Next week, 11 small and big companies will come to the market to raise Rs 900 crore. Among these companies, Manba Finance, KRN Heat Exchanger will be listed on the mainboard. Apart from this, the IPOs of WOL 3D India, Rappid Valves India, TechEra Engineering, Unilex Colours, Thinking Hats Entertainment, Divyadhan Recycling Industries, Sahasra Electronics, Forge Auto International, Saj Hotels will open next week. Which companies will be listed next week: The stocks of Western Carriers India, Arkade Developers and Northern Arc Capital will be listed in the market on September 24. In the SME segment, Popular Foundation, Deccan Transcon Leasing, Envirotech system, Pelatro and Osel Devices will be listed on September 24 and Paramount Speciality Forgings on September 25. Apart from this, Kalpana Ispat will be listed on September 26 and Avi Ansh Textile, Phoenix Overseas, SD Retail and BikeWo Green Tech will be listed on September 27. Big IPOs are also in the queue . Some big IPOs can also be seen in this financial year. The board of HDFC Bank's non-banking subsidiary HDB Financial has approved the IPO plan. According to Bloomberg report, the company will issue fresh equity of Rs 2,500 crore through the issue. Along with this, the existing promoters of the company will also offer some of their stake for sale in the issue. According to an estimate, the IPO can be between Rs 7800 to 8700 crore. At the same time, the green energy unit of the government company NTPC has filed its application for IPO. NTPC Green Energy, a company in the queue to be listed, will try to raise Rs 10 thousand crore from the market.
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