Mahavir Lunawat, Managing Director, Pantomath Capital Advisors Pvt. Ltd. - A Leading Mid-Market Investment Bank, said that the Indian IPO market will remain robust in CY2024.
In the upcoming week, mainboard IPOs of Juniper Hotels and GPT Healthcare will hit the street to raise over Rs 2,000 crore. Meanwhile, SME companies Zenith Drugs and Dream Roll Tech are also scheduled to launch their issues.
Delhi-based digital service provider BLS E-Services opens its maiden public issue on January 30 and closes on February 1. The firm from the mainboard segment has a price band of Rs 129-135 per share.
According to various reports, as many as 28 companies have already received a green signal from Sebi to launch their offers, aimed at raising over Rs 30,000 crore. Meanwhile, 36 other companies have submitted their draft IPO papers and are awaiting the regulator s approval.