Primary market takes breather, 2 IPOs to raise Rs 365 crore this week

After a busy period, the IPO market is slowing with only two public issues next week, targeting Rs 365 crore. Garuda Construction aims to raise Rs 264 crore, and Shiv Texchem targets Rs 101 crore. Despite this slowdown, the IPO market's outlook remains strong with numerous firms awaiting approvals to raise significant capital.

Oct 7, 2024 - 05:30

Primary market takes breather, 2 IPOs to raise Rs 365 crore this week

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After a busy period, the IPO market is slowing with only two public issues next week, targeting Rs 365 crore. Garuda Construction aims to raise Rs 264 crore, and Shiv Texchem targets Rs 101 crore. Despite this slowdown, the IPO market's outlook remains strong with numerous firms awaiting approvals to raise significant capital.