16 IPOs on investors’ radar next week. GMPs signal up to 38% returns

India’s IPO market is set for another crowded week, with 16 issues opening for subscription across the mainboard and SME segments. The lineup is led by Rentomojo, Kanohar Electricals, Karamtara Engineering, Manipal Payment and Identity Solutions among others. GMP trends suggest selective but healthy appetite.

11 penny stocks plunge up to 81% in 6 months

Eleven penny stocks have declined sharply over the past six months, with losses ranging from 49% to 81%. The stocks were identified using a screen of companies with market capitalisation below Rs 1,000 crore, share prices under Rs 20 and minimum recent trading volume of 5 lakh shares, based on ACE Equity data.