IPO Surge: 14 Launches and 12 Listings Set for Next Week

Quick Summary

• Upcoming IPOs: 14 public issues set to launch next week (July 28 onwards); includes 5 mainboard IPOs and 9 SME segment issues.
• Fundraising Target: Combined target of over Rs 7,300 crore; Rs 7,008 crore specifically from mainboard IPOs.
• Mainboard Highlights:

– Laxmi India Finance opens on july 29 with a price band of Rs 150-158 per share (Rs 254 crore target).
– Aditya Infotech aims to raise Rs 1,300 crore, opening July 29 with a price band of Rs 640-675 per share.
– NSDL plans an offer-for-sale targeting Rs 4,011.60 crore.
– Sri Lotus Developers & Realty IPO opens July 30 with price band options between Rs.760-800 and another series at Rs140-Rs150 shares respectively.
– M&B Engineering’s subscription begins on July 30; targeting a Rs650cr raise at the range between prices ranging366;;-.–RS385

SME/Total_budget