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IPO frenzy: 5 main-board, 6 SMEs to hit market to raise Rs 18,500 cr

Business Standard LogoBusiness Standard2w ago

IPO frenzy: 5 main-board, 6 SMEs to hit market to raise Rs 18,500 cr - Business Standard

Quick Summary:

The IPO market is set to be bustling next week, with 11 companies like Vishal Mega Mart, TPG Capital-backed Sai Life Sciences and fintech firm One Mobikwik Systems gearing up to launch their initial share sales, collectively aiming to raise nearly Rs 18,500 crore.

Alongside the five main-board IPOs, six SMEs are preparing to float their maiden public issues next week to garner over Rs 150 crore collectively.

Other mainboard IPOs to be launched during this period are Inventurus Knowledge Solutions Ltd and Blackstone-owned diamond grading firm International Gemmological Institute (India) Ltd.

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IPO frenzy: 5 main-board, 6 SMEs to hit market to raise Rs 18,500 cr - Business Standard (Picture 1)

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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-08 @ 13:11:21 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Readers: 62 people read this story

Article Length: 768 words

Reading Time: 5 minutes read

Sentences: 30 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24216951

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Official Website: business-standard.com

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News Last Updated: 3 hours ago

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Publisher ID: #49

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