SBI MF among 6 IPOs on investors' radar this week. GMPs indicate listing gains up to 118%

India's primary market is set for a busy week with five IPOs opening or listing, led by SBI Funds Management at a price of Rs 574 per share commanding a grey market premium of Rs 88, signalling possible listing gains of about 15.33%. Millworks Technologies, a BSE SME issue, is drawing the strongest grey market interest with a GMP of Rs 390 against an issue price of Rs 331, indicating potential listing gains of nearly 118%. Other issues in focus include Alpine Texworld (GMP Rs 2), Laser Power and Infra (GMP Rs 36.5), Devson Catalyst (GMP 38%) and Happy Steels (GMP 21%), with Devson Catalyst and Happy Steels set to list on July 16.