Mon Nov 18 05:37:44 UTC 2024: ## Busy Week Ahead for Indian IPO Market: Three Companies to Launch, Several Listings Expected

**New Delhi, November 18, 2024** – The Indian primary market is gearing up for a busy week, with three Initial Public Offerings (IPOs) set to launch and three companies slated for listing. While the overall market activity shows some bearish trends, the IPO market remains active.

The most significant IPO launch will be NTPC Green Energy’s ₹10,000 crore offering, opening on November 19th. The price band is set at ₹102-₹108 per share, with a lot size of 138 shares. The IPO closes on November 22nd, and listing is expected on November 27th on both the BSE and NSE.

Two smaller IPOs will also launch this week: Lamojek India (₹61.20 crore) opens on October 21st and closes November 26th, listing on the NSE’s SME platform on November 29th; and C2C Advanced Systems (₹99.07 crore) opens on November 22nd, closes November 26th, and also lists on the NSE’s SME platform on November 29th.

Additionally, two IPOs that opened last week, Onyx Biotech and Jinka Logistics Solutions, remain open for subscription until November 18th. Onyx Biotech’s IPO is already oversubscribed by 10 times. Listings for these companies are scheduled for November 21st. Jinka Logistics Solutions IPO is reported to be subscribed at 32% after two days.

Three companies will also list their shares this week: Neelam Linens & Garments (NSE SME platform on November 18th), Mangal Compusolutions (BSE SME platform on November 20th), and Onyx Biotech (NSE SME platform on November 21st).

While the overall market sentiment shows some early bearish trends, as evidenced by the initial dip in Sensex and Nifty, the IPO market is demonstrating continued activity.

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