Upcoming IPOs: 1 public issue, 4 new listings this week
What's the story
The Indian primary market is all set for a quiet week with only one initial public offering (IPO) scheduled to open for subscription. The lone IPO is that of NAPS Global India, a small and medium enterprise (SME), which will be open from March 4 to March 6. The company will raise ₹11.88 crore through a fresh issue of 13.20 lakh shares at ₹90 each.
Market listings
Four companies to list on stock exchanges
Along with NAPS Global India's IPO, the next week will also see four new companies listing on stock exchanges. Beezaasan Explotech will list on BSE SME on March 3. Nukleus Office Solutions will debut on BSE SME on March 4, with its allotment finalized on February 28. Shreenath Paper and Balaji Phosphates are also gearing up for their market debuts later in the week.
Market forecast
India's IPO landscape in 2025: A promising outlook
The 2025 IPO landscape in India appears bright with expectations of mop-up hitting ₹2 trillion with MNCs listing in India. "Numerous multinational corporations are lured by strategic advantages such as lower capital costs and a strong regulatory regime," Mahavir Lunawat, Group Founder & Managing Director of Pantomath Financial Services Group, said. LG Electronics India and Ather Energy are some of the companies awaiting Securities and Exchange Board of India (SEBI)'s nod for their IPOs.