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A vibrant week is anticipated in the IPO market with 11 public issues, including Mobikwik and Vishal Mega Mart, set to open for subscription, aiming to raise around Rs 18,500 crore. This surge contributes to over Rs 1.64 lakh crore in IPOs for the year, reflecting a strong bull-run in Indian markets. Experts predict continued momentum into 2025, with diverse sectors like quick-commerce and logistics expected to list, ensuring a lively primary market.
Mohit Khanna, fund manager at Purnartha, anticipates a vibrant IPO market in 2025, driven by a diverse range of sectors including quick-commerce and logistics. He views the recent market correction as a healthy transition within the ongoing Bull-run, dismissing concerns of a slowdown in primary markets. Following the RBI's decision to maintain the repo rate, Khanna emphasizes the central bank's focus on inflation control while projecting a growth rate of 6.6% for India.
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