The Indian stock market is gearing up for an eventful week, with six new Initial Public Offerings (IPOs) from the SME (Small and Medium Enterprises) sector, alongside four companies making their debut on the stock exchanges. This surge in market activity comes as investors look for new opportunities in the market.
The IPOs launching this week include Rajesh Power Services, which is set to raise ₹160.5 crore, with a price range of Rs.319 to Rs.335 per share. This IPO opens on Monday, November 25, and closes on Wednesday, November 27. Rajputana Biodiesel, a biofuel manufacturer, will follow suit with its Rs.24.7-crore IPO starting Tuesday, November 26. Apex Ecotech, specializing in water and wastewater treatment, will offer Rs.25.54 crore, beginning Wednesday, November 27. Abha Power and Steel, an iron and steel manufacturer, will issue Rs.38.5 crore in shares, while Agarwal Toughened Glass India will offer Rs.62.6 crore in IPOs, starting Thursday, November 28. Ganesh Infraworld, a construction firm, will close the week with its Rs.98.6-crore IPO on Friday, November 29.
In addition to the IPOs, four companies will list on the exchanges this week. NTPC Green Energy is set to list on November 27, followed by Enviro Infra Engineers, which will debut on November 29. Two companies from the SME segment, Lamosaic India and C2C Advanced Systems, will also list on the NSE Emerge platform on November 29.
SME IPOs, including Rajesh Power Services, offer higher risks but potential returns. This week offers fresh opportunities for investors.