InvestorQ : Can you tell me about the four IPOs scheduled in the coming week starting on 14 June?
Arusha Ray made post

Can you tell me about the four IPOs scheduled in the coming week starting on 14 June?

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6 months ago
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After long break, it does look like happy days for Indian IPO story. India is expecting 4 IPOs during the week looking to collect Rs.9,132 crore through a mix of fresh issue of shares and offers for sale or OFS. The IPO market had fallen silent since Macrotech due to proposed SEBI regulations which put stringent checks on merchant bankers. This led to IPO plans being put off. SEBI has shelved the move, which gave a boost.

The IPOs during the week include steel producer Shyam Metalics, Blackstone backed auto component manufacturer Sona BLW, TPG backed Krishna Institute of Medical Sciences of KIMS as well as Dodla Dairy. This should be a welcome change because after 15 IPOs raised Rs.12,600 crore in Mar-21 quarter, IPO markets fell almost silent. This is good news for primary markets.

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