By Vivek Dubey
CNBC-TV18.com
Published Nov 20, 2023
The IPO lane will be busy in November with seven companies, including Tata Technologies and IREDA, tapping the primary market this week to raise over ₹7,300 crore collectively.
Swashthik Plascon Limited’s IPO is open from 24th to 29th November 2023, with an issue size of ₹40.76 crore.
Gandhar Oil Refinery India Limited’s IPO is open from 22nd to 24th November 2023, with an issue size of ₹500.69 crore.
Fedbank Financial Services Limited’s IPO is open from 22nd to 24th November 2023, with an issue size of ₹1,092.26 crore.
Flair Writing Industries Limited’s IPO is open from 22nd to 24th November 2023, with an issue size of ₹593 crore.
Rocking Deals Circular Economy Limited’s IPO is open from 22nd to 24th November 2023, with an issue size of ₹21 crore.
Tata Technologies Limited’s IPO is open from 22nd to 24th November 2023, with an issue size of ₹3,042.51 crore.
Indian Renewable Energy Development Agency Ltd’s IPO is open from 21st to 23rd November 2023, with an issue size of ₹2,150.21 crore.
ASK Automotive, Protean eGov Technologies, and ESAF Small Finance Bank launched their public issues earlier this month.
Honasa Consumer and Cello World concluded their IPOs in the first week of the month.
The Indian IPO market saw 31 initial share sales collecting ₹26,300 crore in the first half of FY24.
This was a decline of 26% from the ₹35,456 crore mobilised by 14 IPOs during the same time in FY23.
The second half of FY24 is expected to see good quality companies launching their IPOs.