IPO Rush Gathers Pace Next Week, Seven Companies Aim To Raise Over ₹6,400 Crore
New Delhi: India’s primary market is heading for another busy week, with seven companies planning to raise more than Rs 6,400 crore through initial public offerings (IPOs). The IPO rush will begin on August 17, led by Blackstone-backed Horizon Industrial Parks and jewellery retailer Lalithaa Jewellery Mart. Biggest Issues Horizon Industrial Parks will launch the week’s largest IPO, worth Rs 2,600…
India's primary market is set to experience a surge in initial public offerings (IPOs) next week, with seven companies aiming to raise over ₹6,400 crore. The IPO wave will commence on August 17, spearheaded by Blackstone-backed Horizon Industrial Parks and jewellery retailer Lalithaa Jewellery Mart. Horizon Industrial Parks has secured the title of the week's largest IPO, with a value of Rs 2,600 crore.
The remaining companies will follow suit on the succeeding days, with Tempsens Instruments and Augmont Enterprises launching their IPOs on August 21, with a combined total of Rs 825 crore expected to be raised.
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