Four IPOs, worth ₹8,827 crore, set to open on October 15
In short
Business Standard Markets says four IPOs worth a combined ₹8,827 crore are set to open on October 15. The summary also notes ICICI Prudential AMC’s Q2 profit rose 6.1%, and Alpha Wave sold a 1.52% stake in Lenskart.
It matters because several big listings can draw investor attention and fresh money. The report does not give the IPO price bands or name all four issuers in the available summary.
What the reporting says
Business Standard Markets says four IPOs worth a combined ₹8,827 crore are set to open on October 15, alongside other market updates including ICICI Prudential AMC’s 6.1% rise in Q2 profit and Alpha Wave’s sale of a 1.52% stake in Lenskart. The IPO price bands are mentioned in the headline, but the available summary does not list them or identify the four issuers. The immediate consequence is a busy primary market day, though the full terms are not stated here.
Why it matters
Business Standard Markets reports that four IPOs totaling ₹8,827 crore are due to open on October 15, and the headline says Zetwerk, Bonfiglioli Transmissions, Tonbo and SMT announced price bands. The summary also mentions ICICI Prudential AMC’s 6.1% Q2 profit rise and Alpha Wave’s 1.52% stake sale in Lenskart, but those are separate market updates. The immediate focus is on the IPO pipeline, while the detailed bands are not provided in the source snippet.