Post Jio boost: 5 IPOs to raise Rs 2,581 crore next week alongside India's biggest listing
Reliance Industries launched an initiative in an ipo & listings development with October 26 in focus.
· Economic Times Markets
In a bustling week for the IPO market, five mainboard offerings are set to debut between October 26 and 30, aiming to amass an impressive Rs 2,581 crore. EAAA India Alternatives spearheads the launches, while Jio Platforms makes its entrance on October 28.
Key facts
- Dates in focus
- October 26, October 28 and October 27
The analysis
Reliance Industries reported Rs 2,581 crore. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +0.5% on the day at ₹1,190.00, and has returned -8.1% over three months. It sits 25% below its 52-week high, which means a good deal of bad news was already in the price. The oil & energy sector has moved -5.7% over the same period, so Reliance Industries is running 2.4 points behind its peers.
For Reliance Industries, the question is how much of this is already reflected in the price and how much re-rates the oil & energy peer set alongside it.
Why it matters
- Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
Market context
- The company directly in focus is RELIANCE.
- Sector exposure: Oil & Energy.
In this story
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