This week’s IPO calendar looks unusually quiet for India’s primary market, with no mainboard IPOs expected. Attention shifts to SME platforms, where one new IPO and multiple listings are scheduled amid a market downturn and higher oil prices. Among the key events, the Amba Auto Sales & Services IPO is set to open soon, while Adisoft Technologies and Leapfrog Engineering Services are slated to list.
Primary market activity remains subdued with only two offerings expected next week: a Rs 48 crore SME IPO by Safety Controls and Devices and PropShare Celestia REIT valued at Rs 245 crore. Rising volatility, weak post-listing performance, and cautious investor sentiment are pushing companies to delay launches or reduce valuations, even as the broader pipeline continues.
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