CatalystIndia
IPO Rush: Eight issues to raise over Rs 11,000 crore this week
Eight IPOs raising over Rs 11,000 crore signals strong primary market activity this week.
Context
What happened: Eight IPOs are set to open this week, including mainboard issues from Zetwork Manufacturing, Bonfiglioli Transmission, Tonbo Imaging India, HD Fire Protect, Fusion CX and Medical Technologies, plus two SME offerings.
Key numbers: Over Rs 11,000 crore total.
Why it matters: The week's IPO activity arrives as Nifty snapped an 8-week losing streak, with attention on whether bulls can reclaim the crucial 200-week moving average.
What changed
Eight IPOs are set to open this week, including mainboard issues from Zetwork Manufacturing, Bonfiglioli Transmission, Tonbo Imaging India, HD Fire Protect, Fusion CX and Medical Technologies, plus two SME offerings.
Why it matters
The week's IPO activity arrives as Nifty snapped an 8-week losing streak, with attention on whether bulls can reclaim the crucial 200-week moving average.