As SEBI deadline nears, ₹38,000 crore IPOs assess listing plans
Big ticket issues such as NSE, Jio Platforms may influence companies fund-raising plans
With the SEBI deadline approaching, 29 IPOs totaling ₹37,580 crore are eyeing a September listing, as NSE's ₹30,000 crore IPO prepares to launch. Jio Platforms' offer has received clearance and is set to hit the market soon. While smaller firms aim to beat the deadline, larger companies have sought alternative funding sources. The companies approved for listing in September include Credila Financial Services, Dorf-Ketal Chemicals India, Innovatiview India, Mouri Tech, Imagine Marketing, Continuum Green Energy, and Greaves Electric Mobility.
The rush for IPOs is evident as 14 mainboard IPOs plan to raise ₹7,765 crore in the first half of September, with the second half expected to see NSE raising about ₹30,000 crore, bringing the total pipeline to approximately ₹37,765 crore. Experts warn that companies face execution pressure and investor risk appetite concerns as SEBI approvals expire after a year.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- NSE slashes IPO size to Rs 23,500 crore in revised Sebi filing economictimes.indiatimes.com
