IPO GMPs, May 26 -- It appears that a wave of initial public offerings has gathered in the D-Street, adding vibrancy with a mix of smaller and larger IPOs. Leela Hotels IPO and Aegis Vopak Terminals IPO, which opened today, have started off slowly but steadily. With more days ahead, there is a strong possibility for these IPOs to succeed in a generally positive market. As overall sentiment improves, investors have begun to enthusiastically subscribe to IPOs. Last week, two IPOs that concluded, Borana Weaves IPO, was subscribed an impressive 148.77 times by the final day of bidding on Thursday, while Belrise Industries IPO was subscribed 41.30 times.

According to a report by Bajaj Broking, the Indian primary market is experiencing a signi...