Branch2 Intelligence
Upcoming IPOs: Kusumgar IPO, Laser Power & Infra IPO among new issues scheduled for next week; check list here
Key takeaway
Four IPOs opening next week: Kusumgar and Laser Power & Infra (mainboard) raising ~₹1,392 crore, plus Happy Steels and Devson Catalyst (SME) raising up to ₹67.34 crore.
- Step 11st-order: Two mainboard IPOs (Kusumgar, Laser Power & Infra) open next week, targeting ₹1,392 crore total.
- Step 22nd-order: Retail and institutional investors allocate capital to these larger issues, reducing available liquidity for SME IPOs (Happy Steels, Devson Catalyst).
- Step 33rd-order: SME IPO subscription rates drop, leading to lower listing premiums and weaker aftermarket performance for SME stocks.
- Step 44th-order: Reduced equity financing for SME issuers may slow their expansion plans, impacting their suppliers and customers in the Indian industrial ecosystem.
Source: IN:Mint
This is automated analysis for information only. It is not investment advice, not a recommendation, and not a solicitation to buy or sell any security. Branch2 is not authorised or regulated. Do your own research.