Motisons Jewellers listed at ₹109 apiece on the NSE, up 98.18% over IPO price; Muthoot Microfin and Suraj Developers debuted 5.5% lower over their respective issue prices.
“Microfinance industry is in a very sweet spot and more because of the regulatory environment that RBI has created," says Sadaf Sayeed, CEO, Muthoot Microfin.
Muthoot Microfin, Azad Engineering, Motisons Jewellers, Happy Forgings, Suraj Estate Developers, RBZ Jewellers, and Credo Brands will launch their IPOs this week.
