News Snapshot:
Archean Chemicals Industries, Five Star Business Finance, Kaynes Technology India and Inox Green Energy Services will launch their issues this week. These four companies collectively plan to raise ₹5,000 crore from the public this week. This comes on the back of last week’s four IPO launches. Lately, the secondary market has been under pressure tracking global markets after the US and other central banks hiked interest rates. Advertisement IPOs opening this week Start date Close date IPO size (including offer for sale) Archean Chemicals Industries Nov 9 Nov 11 ₹1,462 crore Five Star Business Finance Nov 9 Nov 11 ₹1,960...
