Street signs: IPOs continue to roll on, no data for new HNI category & more

IPOs continue to roll on

Despite sharp sell-off in the secondary markets and lukewarm response to some of the recent offerings, more companies have mustered the courage to go ahead with their listing plans. 

This week, three initial public offerings (IPOs) hit the market.

These include fertiliser manufacturer Paradeep Phosphates (issue size Rs 1,502 crore), luxury watch retailer Ethos (Rs 472 crore), and digital signature provider eMudhra (Rs 413 crore). 

“There isn’t much grey-market activity for these three IPOs. It will be interesting to see how they do, turmoil in the market notwithstanding,” said an investment expert.

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