Next week 5 companies will launch their IPO back to back, you have a chance to make big money by investing.

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If you are interested in stock market. If you are an investor, you should invest in an IPO. You have a big opportunity next week. In fact, next week you will have the opportunity to invest in 5 company IPOs one after the other. We inform you that amid the rush of initial public offerings (IPOs) of companies in the month of November, next week, five companies including Tata Technologies and the Indian Renewable Energy Development Agency (IREDA) will go ahead with their IPOs. 7,300 crore through Rs. Apart from Tata Technologies and IREDA, the companies that launched the IPO include FedBank Financial Services, Flair Writing Industries and Gandhar Oil Refinery India.

7,300 crore set to collect over Rs

These five companies together are expected to raise over Rs 7,300 crore through the IPO, according to stock market data. Earlier, three companies – ASK Automotive, Proteus eGov Technologies and ESAF Small Finance Bank – launched their public issues at the beginning of the month. V Prashant Rao, director, investment banking, Anand Rathi Advisors, said the recent public issues and good investor response to strong macroeconomic fundamentals have increased the readiness for new IPOs.

The bullish trend in the IPO market will continue.

He said that several draft documents related to the issue have been filed with market regulator SEBI for approval. This indicates that companies are preparing to launch their IPOs in the coming quarters. He said that the IPO market will continue to be booming before the general elections. In the first half of FY 2023-24, 31 IPOs have been issued in the Indian market, raising Rs 26,300 crore. 35,456 crore was raised through 14 IPOs in the same period last fiscal.

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