India’s primary market is set to pick up pace after a relatively subdued fortnight, with the Diwali holiday period having temporarily slowed IPO activity. The upcoming week, beginning 16 November, will see three public issues worth more than Rs10,000 crore in combined proceeds enter the market, bringing fresh momentum to the IPO calendar. The lineup includes two mainboard offerings and one SME issue, led by the International Finance Corporation-backed agrochemicals and seeds company Crystal Crop Protection, the Coal India subsidiary Mahanadi Coalfields, and the SME player Watrana Rentals.
The revival comes amid continued investor interest in India's IPO market, which has seen companies across sectors tap the primary market to raise capital and provide exits to existing shareholders. The upcoming issues are expected to draw attention from investors tracking new listings, valuations and subscription trends.
Let’s take a closer look at each of these IPOs, covering the latest grey market premium (GMP), key dates, price bands and other important issue details.
Crystal Crop Protection IPO GMP today is +27. This indicates Crystal Crop Protection share price was trading at a…