Jio Platforms will launch its ₹30,213-crore initial public offering on October 21. Paras Healthcare also plans to start its ₹1,450 crore IPO this week. Many companies that finished their issues last week will now list on the stock market. This busy period shows a big shift in the primary market landscape.
Synopsis
Jio Platforms is gearing up for an impressive ₹30,213-crore initial public offering, set to debut on October 21. Following suit, Paras Healthcare is also preparing to launch its own ₹1,450 crore IPO. Meanwhile, several companies whose IPOs wrapped up last week will be hitting the stock market this week, including Vaibhav Vyapaar, Ravita Engineering Services, and Shellz India. This week undoubtedly showcases dynamic shifts in the primary market landscape.
Mumbai: Primary market activity this week will be dominated by the much-awaited ₹30,213-crore initial public offering (IPO) of Jio Platforms, which opens on October 21 and closes on October 23. Paras Healthcare will be the other mainboard company tapping the market, with an initial public offering worth ₹1,450 crore.
Meanwhile, six companies whose IPOs closed last week are scheduled to make their stock market debuts. HD Fire Protech will list on October 21, followed by Fusion CX on October 22. Tonbo Imaging India, Zetwork Manufacturing Business, Bonfiglioli Transmissions and Sahajanand Medical Technologies are scheduled to list on October 23.
No SME IPOs are scheduled to open this week, although three companies whose issues closed last week will list on the exchanges. Vaibhav Vyapaar will debut on October 21, Ravita Engineering Services on October 22 and Shellz India on October 23.
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