Economy · India
Multiple Companies Launch Initial Public Offerings in India
Several Indian companies are launching Initial Public Offerings (IPOs) in the coming week. Indo-MIM's IPO, a mix of fresh shares and an offer for sale, is set to open on July 23 with a price band of ₹461-485 per share. Other companies like Cube Highways Trust, Xtranet Technologies, and Lohia Corp also have IPOs opening soon, with details on their price bands and issue structures being released. The market is anticipating these new listings, with some IPOs showing positive Grey Market Premiums (GMP) indicating potential listing gains.
How outlets across the spectrum covered it
Left 1 · Centre 4 · Right 2 n = 7
- Left (1): The Hindu
- Centre (4): Business Standard, Mint, Navbharat Times, The Free Press Journal
- Right (2): Dainik Jagran, News18 Hindi