Below are Quote on IPOs - "Investors get ready for a very good IPOs month" by Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd
We had some very good IPO listings in the start of the year but then, market focus has been shifted towards Mid-caps & small-caps. Now, again, the IPO market is getting ready for 6 new IPOs in a couple of months. Already two new very good IPO will be opening on 14th June 2021, Shyam Metalics with IPO size of ₹909 Crores and Sona BLW Precision Forgings with IPO size of ₹5550 crores.
Shyam Metalics has been receiving very good response in the grey market. Market expects that around 6-7 new IPOs will be coming in a couple of months with IPO size of ₹10,000-₹11,000 crores. Clean Science & Technology expects to come with an IPO in the first week of July 2021 with IPO size of ₹1,500 crores, along with it, India Pesticides, KIMS Hospitals and Dodla dairy are expected to come in the month of June or July. We expect this will be a very good opportunity for the retail investor to make money due to listing gains in a very short time of period.
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