Santosh Kumar Singh of Motilal Oswal AMC is not expecting any major announcement as the interim budgets are generally vote on accounts. However, he would like to see the intentions in the budget.
Nova Agritech IPO: The IPO is a mix of a fresh issuance of shares worth Rs 112 crore, and an offer-for-sale (OFS) of 77.58 lakh equity shares by Nutalapati Venkatasubbarao.
IREDA IPO| The offer a fresh comprise a fresh issue of 40.31 crore equity shares worth Rs 1,290.13 crore and an offer-for-sale of 26.87 crore shares worth Rs 860.08 crore by the government
The real action will be seen in the SME segment as 12 IPOs worth Rs 431-crore are ready to be launched next week, with five of them opening on September 25.