India's primary market will see a nearly Rs 11,980 crore IPO rush next week, led by two mainboard issues, SBI Funds Management and Alpine Texworld, opening for subscription on July 14. The mainboard segment will account for most of the fundraising, with SBI Funds Management alone looking to raise Rs 11,693 crore through an offer for sale.
Alpine Texworld will raise Rs 126.25 crore through a fresh issue. In the SME segment, Millworks Technologies is also set to open its Rs 160.34 crore issue, while details of Shree Balaji Mala Textiles are yet to be fully available.