IPO calendar stays muted with just 2 issues opening this week. Check details
Why it matters: Only Rs 293 crore in new IPOs are expected next week, impacting capital raising for companies.
- Primary market activity is significantly muted, with only two IPOs scheduled for the upcoming week.
- Safety Controls and Devices will launch a Rs 48 crore SME IPO.
- PropShare Celestia REIT is set to open with an offering worth Rs 245 crore.
- Rising volatility and weak listings are key factors contributing to cautious investor sentiment and companies delaying their IPOs.
The IPO market remains subdued with only two new issues opening next week: Safety Controls and Devices' Rs 48 crore SME IPO and PropShare Celestia REIT's Rs 245 crore offering. This muted activity reflects broader market caution, driven by increased volatility and recent weak listing performances, leading many companies to postpone their public debuts.
