IPO rush: India Inc to seek up to Rs 25,000 crore more in Sept
India's primary market anticipates a strong September with IPOs worth twenty to twenty-five thousand crore. Nearly twenty-five companies are preparing to launch offerings before their approvals expire. This surge reflects improved issuer sentiment after a cautious first half of the year. Companies are capitalizing on better market conditions and recent successful listings. This activity aims to…
India's primary market is preparing for a major IPO season in September, with companies planning to launch offerings worth ₹20-25,000 crore, according to bankers. Nearly 25 companies are in the pipeline for the month, as several issuers aim to finalize their deals before the Securities and Exchange Board of India (Sebi) approvals lapse.
The pipeline features a mix of large and mid-sized companies, with a significant number expected to raise over ₹500 crore. This surge in IPOs comes after a cautious first half, reflecting an improved sentiment among issuers, as stated by Sonia Dasgupta, MD & CEO of JM Financial. The September IPO rush demonstrates the strength of India's capital markets and signifies the release of repressed sentiment among issuers, who are now eager to capitalize on the improved market sentiment, stronger recent listings, and the impending expiry of Sebi approvals.
Written by urgent.news from The Economic Times - Top News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
