The upcoming week is expected to be lively in the primary market, with 11 IPOs opening for subscription. Notable names like Mobikwik and Vishal Mega Mart are among the offerings.
These IPOs are projected to raise around Rs 18,500 crore, contributing to a total of over Rs 1.64 lakh crore in IPOs launched this year. Market analysts believe that the recent bullish trend in the secondary market, supported by an upcoming RBI event, is a positive sign for investors. According to Mohit Khanna, a Fund Manager at Purnartha, the current market correction is a necessary transition for sustaining the ongoing bull-run.
Looking ahead to 2025, experts anticipate a strong performance in the IPO market, with various sectors such as quick-commerce, e-commerce, retail, logistics, and quick-service restaurants expected to see listings. This trend is likely to keep the primary markets active and dynamic in the coming year.