Four IPOs to hit markets next week; companies eye Rs 9,123 crore

The IPO market is getting back on track after a lull of two months, with four companies launching their initial share-sales next week to raise Rs 9,123 crore collectively. The last initial public offering (IPO) was that of Macrotech Developers (erstwhile Lodha Developers), which opened during April 7-9. Shyam Metalics and Energy Ltd and Sona BLW Precision Forgings (Sona Comstar) will launch their IPOs on Monday, while Krishna Institute of Medical Sciences and Dodla Dairy will be open for public subscription on Wednesday, information with exchanges showed. In addition, Clean Science & Technology expects to hit the primary markets in the first week of July 2021 with IPO size of Rs 1,500 crore, while India Pesticides is likey to come out with its public issue this month or July, Yash Gupta, Equity Research Associate at Angel Broking, said. "The equity markets are flushed with liquidity and retail participation is at an all-time high. It is difficult to imagine a better time frame for

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