IPO Review: Swiggy IPO vs Sagility IPO vs ACME Solar IPO. Which one should you subscribe?
Live MintIn the midst of the excitement surrounding Donald Trump's possible victory in the upcoming US presidential elections, the primary market this week continues to see a surge in IPOs, with three currently open and another set to launch tomorrow in the mainboard segment. The Sagility India IPO, ACME Solar Holdings IPO, and Swiggy IPO are all available for subscription; while they aren't fully subscribed yet, they are witnessing strong interest from retail investors. In contrast, the IPO of renewable energy company ACME Solar Holdings, assessed at ₹2,900 crore, includes a mixture of a fresh issue of shares worth ₹2,395 crore alongside an OFS of shares valued at ₹505 crore from ACME Cleantech Solutions. In discussing ACME Solar Holdings, Kejriwal mentioned that the company specializes in energy development, constructing large-scale power facilities that utilize solar, wind, and hybrid energy sources. Swiggy offers high growth potential but with higher risk, Sagility India provides a more stable option, and ACME Solar offers exposure to the renewable energy sector.