Mon Nov 18 04:35:30 UTC 2024: **Indian Stock Market Buzzes with Multiple IPO Listings This Week**

**Mumbai, India** – The Indian stock market is poised for a busy week, with a flurry of initial public offerings (IPOs) hitting the market. Four companies – Zinka Logistics Solutions, Neelam Linen and Garments, Mangal Compusolution, and Onyx Biotech – will see their shares listed starting Monday, November 18th. This follows a record-breaking year for IPO activity in 2024, with a total issue size reaching ₹1.38 trillion, the highest in a decade.

The week’s highlights include three significant IPO launches:

* **NTPC Green Energy Limited:** The state-owned renewable energy giant is launching a ₹10,000 crore IPO, opening on Tuesday, November 19th and closing on Friday, November 22nd. The price band is set at ₹102-₹108 per share. Listing is expected on November 27th.

* **Lamosaic India Limited:** This decorative products manufacturer’s IPO, aiming to raise ₹61.2 crore, opens Thursday, November 21st and closes Tuesday, November 26th. The price is set at ₹200 per share. Listing on the NSE SME index is expected November 29th.

* **C2C Advanced Systems Limited:** This defence electronics solutions provider is launching an IPO seeking to raise ₹99.07 crore. The offering opens Friday, November 22nd, closing Tuesday, November 26th, with a price band of ₹214-₹226 per share. Listing on the NSE SME index is expected November 29th.

While IPO activity remains high, market experts have noted a slight decrease in subscription levels from high-net-worth individuals and retail investors in recent offerings. This week’s activity will provide further insight into current investor sentiment.

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