The primary market is bracing for a muted week, with just one IPO, Leapfrog Engineering Services, opening for subscription. Meanwhile, three firms—Mehul Telecom, Citius Transnet InvIT, and Property Share Investment Trust—are slated to list after earlier rounds. Investor caution shows up in zero grey market premiums, pointing to expectations of flat debuts.
Godrej Industries Group has outlined a growth plan to reach ₹5 lakh crore market capitalization by 2031. The group wants to expand the number of listed companies from three to five, with Godrej Capital and its chemicals business among potential candidates. The roadmap doubles down on value creation from existing businesses, targeting 15%+ annual sales growth and 20%+ earnings growth.
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