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.
Overall, analysts maintain a positive yet cautious stance as Nifty 50 is set to retest its record high level, but there could be bouts of intra-day volatility. A possible breakout attempt for Nifty 50 above 22,150 could lead to an uptrend to inch towards 22,500+.
Juniper Hotels IPO opens for subscription on February 21, 2024, and closes on February 23, 2024. Priced at Rs 342 to Rs 360 per share, the Rs 1,800-crore book-built issue comprises fresh shares (5 crore).