Three Companies Launch IPOs Worth ₹10,000 Crore Starting 16 November
· Business · LiveMint, Moneycontrol
India's primary market will see a surge in activity starting 16 November with three public issues collectively valued at over ₹10,000 crore. The upcoming offerings include Crystal Crop Protection, Mahanadi Coalfields, and Watrana Rentals. Crystal Crop Protection, backed by the International Finance Corporation, has fixed its price band at ₹259–272 per share, with the subscription window opening on 18 November. The company's grey market premium is currently trading at ₹27, reflecting a potential listing price of ₹299. The market revival follows a brief slowdown during the Diwali holiday period.
Why it matters
These IPOs provide investors with new opportunities to deploy capital across diverse sectors, including agrochemicals and coal, signaling a return of momentum to the Indian primary market.
Read the original report — LiveMint
Join us on Telegram
Breaking news the moment it lands. At 10,000 members we ship the Android app.