New Delhi: There is currently no movement in the primary market. But in the coming times, many big companies are going to enter the stock market. The list of these companies includes NSE, NSDL, HDB Financial Services, Boat, LT, Reliance Jio, JSW Cement, Ather Energy, Jepto, Phonepe, Tata Capital and Flipkart. In such a situation, the IPOs of these companies can also create a stir in the secondary market.
This decline in mainboard IPO
Currently due to the changing situation in the stock market. According to experts, promoters and investment bankers are currently waiting. These companies are also eyeing FII sales reduction and complete details of Trump’s tariff scheme. Once there is clarity on all these issues, a big company’s IPO can be expected. It is believed that IPOs of many big companies may come in the first six months of the next financial year.
Global market fluctuations
Nifty has been seen to improve in the last two-three weeks. Since March, the Nifty has seen 1400 points or 6.5 percent increase and it has reached 21,964 points. The global market situation is not good due to trade stress and American policies. However, the domestic stock market has done well.
The five major IPO investors are waiting for LG Electronics India, NSDL, Tata Capital, BOAT and JSW Cement. It is worth noting that 10.18 crore shares in LG’s proposed IPO can be sold through offers for sale.
