3 IPOs Worth ₹2,300 Crore to Hit Dalal Street This Week

India’s primary market is set to see three new IPOs worth around ₹2,300 crore hitting Dalal Street this week. These public issues include two mainboard IPOs and one SME IPO. The launches are happening despite global market volatility caused by geopolitical tensions in West Asia.

Among the upcoming issues, GSP Crop Science will open its IPO first, followed by Novus Loyalty, while Central Mine Planning & Design Institute (CMPDI) will launch its IPO later in the week.

The market is also expecting the listing of some recently closed IPOs during the same week depending on the completion of their subscription process.

Upcoming IPOs This Week

These three public issues together aim to raise around ₹2,300 crore from investors in the primary market.

Key IPO Dates

Investors can apply for these IPOs through their stockbrokers or online trading platforms during the subscription period.

Market Outlook

Even though global markets have been under pressure due to geopolitical tensions in the Middle East, the Indian IPO market continues to see activity. Analysts believe strong investor interest and stable domestic demand may help these issues attract subscriptions.

Recent SME IPOs have also seen strong demand, indicating that retail investors remain active in the primary market despite global uncertainties.