Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Medi Assist, Maxposure, New Swan, and Australian Premium Solar set for IPOs

EditorAhmed Abdulazez Abdulkadir
Published 15/01/2024, 12:40 am
Updated 15/01/2024, 12:40 am
© Reuters.

MUMBAI - A flurry of initial public offerings (IPOs) is set to hit the market, as companies across various industries in India look to raise capital. Medi Assist Healthcare Services (NASDAQ:HCSG) Limited and Maxposure Limited have both announced their plans to launch IPOs. Medi Assist is looking to generate funds through an offer for sale, while Maxposure is seeking capital through a fresh issue.

Joining the IPO wave are New Swan Multitech Limited and Australian Premium Solar (India) Limited. New Swan Multitech is preparing to go public with a focus on providing welded assemblies for the two-wheeler industry. Australian Premium Solar, on the other hand, is looking to expand its solar panel manufacturing capabilities with the proceeds from its IPO.

Additionally, Shree Marutinandan Tubes Limited is also set for an IPO, aiming to raise capital specifically for trading galvanized pipes. Each of these companies is targeting different sectors, ranging from healthcare services to renewable energy and manufacturing, reflecting a diverse range of business interests seeking public investment.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.