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The Economic Times

Business

Kumar Gaurav

Rs 7,288 crore IPO confusion as 10 issues available for subscription today. Which one to buy?

Avinash Gorakshakar Karamtara Engineering OFS Steamhouse India LCC Projects Rentomojo IPO STEAMhouse Manipal Payment Identity Solutions India

Investors on D-Street are facing a crowded primary market on Wednesday, September 9, with 10 IPOs available for subscription at various stages of their offerings and collectively seeking to raise Rs 7,288.34 crore. Of these, six IPOs open for subscription today, while three enter their second day of bidding. The Pranav Constructions IPO, meanwhile, enters its final day of subscription.

The six issues opening on Wednesday are Rentomojo, Asset Reconstruction Co. (India), Manipal Payment & Identity Solutions, Steamhouse India, LCC Projects and Karamtara Engineering. Together, they are looking to raise Rs 4,509.68 crore.

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