Fri Jan 10 04:03:53 UTC 2025: ## Stock Market Poised for Boom, Six IPOs Launch in First Week of January
**MUMBAI, INDIA – January 8, 2024** – The Indian stock market is predicted to experience significant growth in the early months of 2024, with a flurry of Initial Public Offerings (IPOs) already underway. This week alone has seen the launch of six IPOs, one on the mainboard and five from the SME segment. Experts forecast over Rs 2 lakh crore (approximately $24 billion USD) will be raised through IPOs this year, with nearly 100 companies having already submitted draft letters to the Securities and Exchange Board of India (SEBI).
Among the notable IPOs launched this week:
* **Standard Glass Lining Technology:** This engineering equipment manufacturer launched its Rs 410.05 crore IPO on January 6th, closing on January 8th. The issue includes a fresh issue of Rs 210 crore and an offer for sale (OFS) of Rs 200.05 crore, with a price band of Rs 133-140 per share.
* **Quadrant Future Tech:** The train control and signaling systems company launched its Rs 290 crore IPO today, with bidding open until January 9th. The price band is set at Rs 275-290 per share.
* **Capital Infra Trust InvIT:** This IPO, with a size of Rs 1,578 crore, opened today and closes January 9th. The company aims to raise Rs 1,077 crore through a fresh issue and Rs 501 crore through an OFS, with a price band of Rs 99-100 per share.
These launches signal a robust start to the year for the Indian IPO market, contributing to the optimistic outlook for overall market growth. The influx of new companies entering the market reflects strong investor confidence.
First Piper 