IPO rush continues: 20 issues to raise over Rs 1,257 crore this week

Mumbai: Four mainboard and 16 SME IPOs are scheduled to hit the market this week, collectively raising around ₹1,257 crore. This follows a busy previous week, when 11 mainboard and 17 SME IPOs were launched, raising a cumulative ₹7,260 crore.

Among this week's four mainboard IPOs, Shah Investors Home, Srit India, Vishal Nirmiti and Nityas Gems & Jewellery will collectively raise ₹595 crore.

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The listing calendar will also remain busy, with seven mainboard and 13 SME IPOs that closed last week scheduled to list this week.

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Among the mainboard issues, Varmora Granito is scheduled to list on September 29. Adroit Industries India, Elevate Campuses, ArMee Infotech and Swastika Infra are scheduled to list on September 30, while A-One Steels India and Moneyview are likely to list on October 1.