Enviro Infra Engineers is set to debut on stock exchanges with a predicted premium of 20-33%. The IPO received robust subscriptions due to reasonable valuations and the growing importance of water and wastewater infrastructure. Analysts suggest investors who received allotments can book profits if the premium exceeds 25% due to market volatility.
IPO Calendar: Primary market cools after Jio frenzy, but 13 listings lined up
India’s IPO market is set for a quiet week, with just one fresh issue worth Rs 56.68 crore opening for subscription and no mainboard launches.