IPO Rush: Eight issues to raise over Rs 11,000 crore this week
Investors can look forward to an active primary market with six mainboard and two SME IPOs on the horizon. Zetwork Manufacturing is expected to head the list, seeking an impressive Rs 5,000 crore, followed by Bonfiglioli Transmission aiming for Rs...
By ET Bureau |
Agencies
Six mainboard and two SME initial public offerings (IPOs) scheduled to open, collectively targeting around Rs 11,000 crore.
The primary market is set for a busy week, with six mainboard and two SME initial public offerings (IPOs) scheduled to open, collectively targeting around Rs 11,000 crore.
Zetwork Manufacturing is the largest of the offerings, seeking to raise nearly Rs 5,000 crore through a fresh issue and an offer for sale. Bonfiglioli Transmission plans to raise around Rs 2,500 crore, followed by Tonbo Imaging India, which is targeting Rs 1,500 cr.
The other mainboard IPOs are from HD Fire Protect, Fusion CX and Medical Technologies. On the SME platform, Ravita Engineering Services and Vaibhav Vyapaar will raise Rs 110 crore and Rs 40 crore, respectively.
Zetwerk IPO eyes big returns; Flipkart alumni seek Esop buyback
