The primary market will be hyper active this week, with investors getting multiple investment options at the same time. Five SME IPOs are scheduled to open, aiming to raise more than ₹226 crore collectively.
Along with this, five companies are expected to list on the exchanges, and among them, only Shadowfax Technologies got listed today. While the broader market is expected to show mild positive movement, Shadowfax Technologies is currently not commanding any premium in the grey market. Still, the strong IPO activity seen in recent weeks is likely to continue. Experts say healthy liquidity and strong investor interest could help these offerings attract good demand. 5 SME IPOs will open this week Kasturi Metal Composites, a company that manufactures steel fiber products, opened its IPO on January 27. The price band has been set at ₹61-64. The company will raise ₹17.6 crore from ₹27.52 lakh shares. It will be listed on BSE SME. Three more SME IPOs opened from January 28 4. CKK Retail Mart’s IPO will open on January 30 Agro-commodity and carbonated soft drinks distributor CKK Retail Mart will bring an 88 crore issue at a price band of ₹155-163. Also read: Gold ₹5,000 more expensive, reaches ₹1.59 lakh

5. Hannah and Shayona’s IPOs remained open till January 27 Hannah Joseph Hospital and Shayona Engineering both remained open till January 27. Hannah Joseph Hospital’s subscription was 55% and Shayona Engineering’s 1.34 times. Both are from the SME segment. 5 listings this week: Focus on Shadowfax Shadowfax Technologies: The logistics solutions provider company listed on BSE and NSE on January 28. Its ₹1,907 crore IPO was subscribed 2.72 times between January 20-22. No premium is visible in the grey market, meaning the listing could be flat or with minor movement. Also read: Nationwide bank strike today, Cash transactions cheque clearance halted for 4th day

Market overview and what to expect This is a short week, so volumes may remain low. The primary market will focus on SME IPOs, where small investors participate. Shadowfax’s listing on the mainboard might bring some movement, but the grey market signal is flat. Investors are advised to keep checking allocation and GMP, as the SME segment carries higher risk. ​ 

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