From JNK India to Faalcon Concepts: 5 new offerings and 4 new listings on Dalal Street this week; Here is all you need to know financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
The market may consolidate further with focus on the March FY24 quarter earnings, advance estimates for quarterly US GDP and Middle East tensions, in the coming week.
Last week saw the opening of Vodafone Idea follow-on public offerings aiming to raise over ₹18,000 crore. The mainboard segment will witness the opening of JNK India IPO for subscription in the coming week to raise around ₹649 crore.
The SME segment will remain busy with four companies making its market debut this week. Faalcon Concepts, Green Hi-Tech Ventures, Grill Splendour Services and Ramdevbaba Solvent will list on the SME platform this week.
Next week s primary market features the mainboard IPO of JNK India and three SME public offers. Despite a slow start to the fiscal year, analysts are optimistic about upcoming public issues, citing increased domestic capital, improved governance, Indian entrepreneurship, and supportive government policies. Additionally, four listings are anticipated, including Greenhitech Ventures, Grill Splendour Services, Ramdevbaba Solvent, and Faalcon Concepts.