Kusumgar and Laser Power & Infra are among the companies launching initial public offerings (IPOs) next week, collectively aiming to raise over ₹1,392 crore. These mainboard IPOs are part of a broader primary market activity with multiple new issues scheduled to open for subscription, according to livemint.com.
The upcoming IPOs include Kusumgar and Laser Power & Infra on the mainboard, alongside SME IPOs such as Happy Steels and Devson Catalyst, which together plan to raise up to ₹67.34 crore. The primary market will see these offerings open next week, with investors able to subscribe to these new issues as detailed by the publication.
These IPOs come at a time when the Indian primary market is witnessing steady activity, with companies across sectors seeking capital through public listings. Kusumgar and Laser Power & Infra’s combined target of ₹1,392 crore places them among the significant new issues scheduled, while the SME segment continues to attract smaller-scale offerings like Happy Steels and Devson Catalyst.
The IPO subscription period for Kusumgar and Laser Power & Infra is set to begin next week, with the companies expected to finalize their public listings shortly thereafter. The SME IPOs, including Happy Steels and Devson Catalyst, will also open for subscription in the same timeframe, marking a busy week for the Indian primary market.