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Indian primary market slows down with one new share sale and thirteen listings

Reported by Harshdeep Singh (Fact-Checker) · Economic Times - Markets ·

Unconfirmed — Reported by one source so far

Reported by one source so far

Important
BusinessIndian primary market slows down with one new share sale and thirteen listings
Representative image · Wikimedia Commons

India's share sale market is entering a quiet week with only one fresh public offer opening and zero mainboard launches. Vedant Poly Fabs is the sole new initial public offering, valued at 56.68 crore rupees. Meanwhile, thirteen companies are getting ready to list their shares on the stock exchanges.

Context

This cool-down period comes right after a massive rush of activity in October, which featured a huge public offer from Jio Platforms worth 30,188 crore rupees that saw high demand and was subscribed more than 22 times.

Read more at Economic Times - Markets →