Primary market cools after record Jio IPO; 13 listings lined up next week
After the historic Jio Platforms IPO raised Rs 30,188 crore and debuted on October 28 at Rs 1,358 — a 21.36% premium after being subscribed 22 times — the primary market slows to a quieter week.
Only one new SME issue, Vedant Poly Fabs (Rs 56.68 crore), opens between November 2 and 4, while 13 companies — including EAAA India Alternatives and Bombay Coated & Special Steels — list next week.
Bankers say the pipeline remains healthy, with the Jio listing having drawn a wave of first-time demat applications.
Originally reported by SmarGrid. Article compiled by the Deccan Age desk.
