7 new IPOs slated to open
Out of the seven new IPOs opening next week, two are mainboard issues while five are from the SME segment. Among the major launches, Crizac will open its book on July 2, with a price band of Rs 233–245 per share, aiming to raise Rs 860 crore. It is joined by Travel Food Services, opening July 3, with a hefty Rs 2,000 crore issue, making it the largest offering of the week. Both companies are set to list on BSE and NSE.
In the SME segment, Vandan Foods, Marc Loire Fashions, Cedaar Textile, Pushpa Jewellers, and Silky Overseas will all open on June 30, and close by July 2. These issues range in size from Rs 19.94 crore (Marc Loire) to Rs 93.71 crore (Pushpa Jewellers), and will be listed on BSE SME or NSE SME platforms.
Upcoming Listings: 19 stocks to debut
Next week will also see a flood of IPO listings — 19 companies are scheduled to list, including notable names like HDB Financial Services, Kalpataru, and Ellenbarrie Industrial Gases. These are expected to garner significant market attention due to their scale and investor interest.
Also slated to list are several SME players whose IPOs closed this week, including Neetu Yoshi Limited, Adcounty Media, Indogulf Cropsciences, Valencia India, PRO FX Tech, Ace Alpha Tech, and Moving Media Entertainment, among others.
Investor outlook
Market analysts expect listing-day action to remain vibrant, especially in the SME segment where oversubscription rates have been high. However, with grey market premiums varying widely and some IPOs listing flat in recent days, investors are advised to remain selective and consider fundamentals over hype.
The first week of July promises to be packed — with seven IPOs opening and nearly twenty listings, the IPO market remains firmly in the spotlight.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
