The primary market is set for another busy week, with six companies, including Blackstone-backed Horizon Industrial Parks and Lalithaa Jewellery Mart, set to raise nearly Rs 5,600 crore collectively through initial public offerings (IPOs). The upcoming issues follow the launch of five IPOs in the past week, while three companies had already tapped the market earlier this month. Horizon Industrial Parks will kick off the week on August 17 with its Rs 2,600-crore IPO, followed by jewellery retailer Lalithaa Jewellery Mart's Rs 1,700-crore issue on the same day. Shankesh Jewellers and film and television producer Sunshine Pictures will open their IPOs on August 18, worth Rs 367 crore and Rs 282 crore, respectively. Gaja Alternative Asset Management, which operates under the Gaja Capital brand, will launch its Rs 550-crore IPO on August 19, while Tempsens Instruments (India) will open its issue on August 20. Together, the six companies are looking to raise around Rs 5,600 crore throug
Business
2 views
Six companies set to raise nearly ₹5,600 crore through IPOs next week
The primary market is set for another busy week, with six companies, including Blackstone-backed Horizon Industrial Parks and Lalithaa Jewellery Mart, set to raise nearly Rs 5,600 crore collectively through initial…
The primary market is set for another busy week, with six companies, including Blackstone-backed Horizon Industrial Parks and Lalithaa Jewellery Mart, set to raise nearly Rs 5,600 crore.
Business-standard Verified Source
Syndicated via official news feed
Explore all Business stories
Syndicated feed content with full publisher credit.
Business Desk
More in Business
Continue reading verified coverage and related developments on this desk.
More from Business
Latest developments and reports from the desk
BUSINESS
AI Takes Center Court at the US Open
IBM and the US Open are expanding their use of AI to give fans real-time match insights, including personalized updates, an AI assistant and win probabilities that change after every point. IBM Senior Vice President…
BUSINESS
Fed Faces High Stakes Test at Jackson Hole
Fed Chair Kevin Warsh heads into Jackson Hole under heightened scrutiny after the Treasury’s intervention in the bond market raised questions about the traditional boundaries between fiscal and monetary policy. Host of…
BUSINESS
Rep. McCormick Warns Against Slowing AI Buildout
Representative Rich McCormick is on Bloomberg This Weekend with David Gura and Christina Ruffini and says the US should continue expanding data centers to support its leadership in artificial intelligence, arguing they…