Branch2 Intelligence
IPOs This Week: Kusumgar, Laser Power & Infra To Launch Mainboard Issues; Nine Listings Due
Key takeaway
Four Indian IPOs open July 8-13: Kusumgar, Laser Power & Infra, Happy Steels, Devson Catalyst.
- Step 11st-order: Four IPOs open in India, absorbing ~₹2,000 crore of primary market liquidity.
- Step 22nd-order: Secondary market liquidity tightens as funds rotate into IPOs, raising short-term borrowing costs for Indian corporates.
- Step 33rd-order: Indian suppliers to UK SMEs face higher working capital costs, potentially delaying export payments or demanding faster settlement.
Source: IN:NDTV Profit
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