IPO Alert: Will these companies become multibaggers? If you want to invest, prepare your money

News Topical, Digital Desk : More than a dozen companies are preparing to launch their IPOs in the next two to three weeks. These companies are targeting to raise around Rs 10,000 crore. The market is excited due to favorable policy measures like GST 2.0 reforms and reduction in interest rates by the Reserve Bank.

According to merchant bankers, companies like iValue Infosolutions, Saatvik Green Energy, JinKushal Industries, Atlanta Electricals, Park Medi World, SolarWorld Energy Solutions, Jain Resource Recycling, CIEL HR Services, GK Energy, Ganesh Consumer Products, Anand Rathi Share and Stock Brokers and Seshaasai Technologies will give information about their price band in the week starting from September 15 and will launch their IPOs before September 30.

After this, companies like Anantam Highway InvIT (Alpha Alternatives), Epack Prefab Technologies, Pranav Construction and TruAlt Bioenergy will give information about the price band between September 22-30. After this, these companies will launch IPOs in late September or early October. All these companies have received approval from SEBI. Why are they bringing IPOs? These companies will raise capital for capital expenditure, expansion plans, debt repayment and general corporate needs. The IPO market has already performed strongly this year. So far, 55 companies have raised about Rs 75,000 crore through their first public offer. Euro Pratik Sales and VMS TMT's IPOs are going to open next week. IPO pace in 2024 In 2024, Rs 1.6 lakh crore was raised through 91 public issues. Strong retail participation, growing economy and private capital investment supported this boom. Market experts say that policy measures like income tax relief, GST 2.0 reforms and RBI's interest rate cut have further buoyed the IPO market this year. Favorable environment in the market for IPO Domestic institutional investors (DIIs) are giving strong support. Even though foreign portfolio investors (FPIs) are selling in Indian stocks. Angel One Senior Analyst Waqar Javed Khan said, "IPOs are coming in sectors where there is a bullish trend, such as financial services, retail, renewable energy, manufacturing and health are such sectors." He also said that retail investment increases in the market during Diwali and companies want to take advantage of it. There is enthusiasm in the IPO market due to strong investment in the domestic market and exit opportunities of PE/VC funds. 

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