7 IPOs are opening next week in India, with one from the mainboard segment and six from the SME segment. The total fundraising for these IPOs is expected to be over Rs 300 crore. The first IPO to open is Nova Agritech, which manufactures agricultural products. Their IPO will open on January 23rd and close on January 25th, with a price band of Rs 39-41 per share. The company is looking to raise Rs 143.81 crore through the IPO.
Other IPOs opening next week include Brisk Technovision, Fonebox Retail, DelaPlex, Megatherm Induction, Harshdeep Hortico, and Docmode Health Technologies. These companies are all from various sectors, including technology, retail, and healthcare. In the SME segment, the Qualitek Labs IPO will be closing on January 23rd, while January 24th will be the final day for Euphoria Infotech India, Konstelec Engineers, and Addictive Learning Technology IPOs.
Overall, the Indian IPO market is busy and there are a number of IPOs to watch in the coming week.