Mainboard IPOs opening this week - Emcure Pharma and Bansal Wire

Well, for the secondary markets, we continued to witness unabated all-time-high making move as per-budget rally, primary market too continued with its activities on new issue front.

For this week, we have two mainboard IPOs i.e. Emcure Pharma and Bansal Wire. While Emcure Pharma is a combo of fresh equity shares issue and Offer for Sale (OFS) for mobilizing Rs. 1952 cr., Bansal Wire is coming with a pure primary offer worth Rs. 745 cr.

Primary market investors may have a look at my reviews that are available on the following links for both these IPOs:

Emcure Pharma:

https://www.chittorgarh.com/ipo_review/emcure-pharma-ipo/4075/

and

Bansal Wire:

https://www.chittorgarh.com/ipo_review/bansal-wire-ipo/4076/

Please be informed that investors must conclude their investment plans in these IPOs after consulting their financial advisors. My reviews are based on fundamentals and does not mirror any impacts like GMP, speculative opinions.

As you are aware, investments in stock markets are always carries market related risks and this aspect is also not covered in my reviews.



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