3 IPOs to go live today

New Delhi: The IPO lane is getting busy with three entities -- Rashi Peripherals, Jana Small Finance Bank and Capital Small Finance Bank-- set to float their maiden public issues on Wednesday to collectively mobilise around Rs1,700 crore. Additionally, Entero Healthcare Solutions will launch its Rs1,600-crore initial share-sale on February 9. Further, the Rs920-crore IPO of Apeejay Surrendra Park, which runs hotels under the ‘The Park’ brand, is currently under subscription. Last month, five firms tapped the primary market and garnered around Rs3,266 crore. Market experts maintain a strong bullish outlook on the IPO (initial public offering) market for 2024.

Companies are expecting to benefit from an equity market which is flush with liquidity and has seen a sharp increase in new retail investors.