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.