The Indian IPO market is heating up! Multiple companies, including Mangal Electrical Industries, are making moves. Read on to know the latest updates on upcoming
IPOs.
IPO Market Boom
Mangal Electrical Industries successfully raised Rs 120 crore through its anchor book as part of a larger Rs 400-crore IPO. This highlights growing investor confidence and the vibrancy of the Indian stock market, echoing the festive spirit around Diwali, with companies aiming to light up investor portfolios.
Shivashrit Foods' IPO
Potato flakes maker, Shivashrit Foods, is also entering the capital markets. Details regarding the IPO size, dates, and price band are being closely watched. It is an exciting time for Shivashrit Foods and its investors as they gear up for their IPO launch, adding spice to the market.
Anondita Medicare's Debut
Anondita Medicare is set to open for public subscription on August 22. This IPO is another significant development in the financial market, indicating a positive outlook for healthcare-related businesses. It is like a new chapter beginning for Anondita Medicare.