India’s primary market is entering a busy phase, with around 10 IPOs expected to raise more than Rs. 3,300 cr. between August 24 and August 31. Mainboard offerings include Skyways Air Services, Symbiotec Pharmalab, Hy-Tech Engineers, Annu Projects and Lumino Industries.
The rush covers sectors ranging from logistics and pharmaceuticals to engineering, infrastructure and power transmission. Strong IPO activity indicates continued investor appetite for new listings, although the large number of simultaneous issues could also divide subscription liquidity.
