Branch² Intelligence
IPO Calendar next week: SBI MF among 3 new issues to raise Rs 11,980 cr; GMPs soar up to 111%
Key takeaway
SBI Funds Management's ₹11,693 crore IPO opens next week, offering Indian SMEs a chance to gauge equity market depth and AMC sector valuations.
- Step 1SBI MF and Alpine Texworld launch IPOs, raising ₹11,693 crore and an undisclosed amount respectively.
- Step 2IPO subscription and listing performance sets a valuation benchmark for the AMC and textile sectors, influencing investor perception of similar SMEs.
- Step 3Strong IPO demand may lead to a temporary liquidity drain from secondary markets, impacting SME stock trading volumes and prices.
- Step 4Successful IPOs encourage more companies to tap the primary market, potentially increasing competition for SME IPOs and raising listing standards.
Source: IN:Economic Times
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