The Indian stock market is set for an eventful week with the launch of two new IPOs and several other listings. Investors are eagerly anticipating the opening of Dr. Agarwal’s Health Care Limited and Malpani Pipes and Fittings IPOs, scheduled for January 29 to January 31, 2025.
Dr. Agarwal’s Health Care Limited IPO
Dr. Agarwal’s Health Care Limited, a leading name in the eye care services sector, is set to make a significant debut on the stock market. The company has set the IPO price band at ₹382 to ₹402 per equity share, aiming to raise ₹3,027.26 crore through a combination of fresh issue and offer for sale. The funds raised will be utilized for debt repayment, general corporate purposes, and potential acquisitions. The IPO has already generated considerable interest, with shares trading at a premium in the grey market.
Malpani Pipes and Fittings IPO
Malpani Pipes and Fittings, a prominent player in the SME segment, is offering 28.8 lakh fresh equity shares at a price range of ₹85 to ₹90 per share. The IPO aims to raise ₹26 crore, which will be used for business expansion and other corporate purposes. Retail investors can participate with a minimum investment of ₹1,44,000, making it an attractive opportunity for small investors.
In addition to these two IPOs, the week will witness four other listings, including companies like Denta Water and Infra Solutions Limited, JB Logistics, HM Electro Mech, and CLN Energy. These listings are expected to draw significant attention from investors, eager to explore new investment opportunities in the market.
As the stock market prepares for this busy week, investors should stay informed and consider these exciting new offerings. Keep an eye on the market trends and make informed decisions to capitalize on these investment opportunities.
Upcoming IPOs: Dr. Agarwal’s Health Care and Malpani Pipes Debut Next Week
