 |
|
The Indian stock market is set to witness a flurry of activity next week, with eight companies scheduled to make their debut on the D-street. The upcoming IPOs are expected to raise a total of Rs 1,000 crore, indicating a strong appetite for new listings. Among the prominent names set to go public are Waaree Energies, a leading solar energy solutions provider, and Deepak Builders and Engineers, a construction and infrastructure company.
Waaree Energies, known for its solar panel manufacturing and EPC services, is aiming to raise Rs 600 crore through its IPO. The company plans to utilize the funds for expansion of its manufacturing facilities and working capital requirements. Deepak Builders and Engineers, on the other hand, is targeting Rs 200 crore from its IPO. The company intends to use the proceeds for debt repayment and funding its ongoing projects.
Other companies set to make their market debut next week include:
• Aptus Value Housing Finance India Limited (Housing Finance)
• Ethos Limited (Luxury Watch Retailer)
• Global Surfaces India Limited (Ceramic Tiles Manufacturer)
• KFin Technologies Limited (Mutual Fund Registrar)
• SJS Enterprises Limited (Packaging and Printing Solutions)
• Tarsons Products Limited (Laboratory Consumables)
The upcoming IPOs reflect the positive sentiment in the Indian economy and the growing investor confidence in the stock market. With several companies planning to go public, the next week is likely to be a busy one for market participants. Investors will be keenly watching the performance of these new listings and their impact on the overall market.