76 companies raised ₹61,915 crore via IPOs in FY24; up 19% YoY
Among main board IPOs, the public issue of ₹4,326 crore by Mankind Pharma was the largest in FY24, followed by Tata Tech (₹3,043 cr) and JSW Infra (₹2,800 cr).
Among main board IPOs, the public issue of ₹4,326 crore by Mankind Pharma was the largest in FY24, followed by Tata Tech (₹3,043 cr) and JSW Infra (₹2,800 cr).
Muthoot Microfin, Azad Engineering, Motisons Jewellers, Happy Forgings, Suraj Estate Developers, RBZ Jewellers, and Credo Brands will launch their IPOs this week.
IPO market continues to expand with 72 companies launching their issues so far this year, including 28 mainboards and 44 SMEs.
The three-day IPOs of Concord Biotech, Yudiz Solutions, and Sangani Hospitals will close on August 8.
From main board IPOs, ideaForge Technology will launch its public offer on June 26, Cyient DLM on June 27, and PKH Ventures on June 30
Despite the Budget’s booster dose, equity market is likely to remain the go-to option for small and medium units.