Through 12 IPOs in October, Rs. 23000 crore will be collected

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Mumbai: Twelve companies are expected to launch IPOs in the primary market during October. 15 through IPO. More than Rs 5,000 crore will be raised.

According to sources in the primary market, the IPO boom will continue in October. According to an estimate, twelve companies have raised Rs. It is likely to raise Rs 500 crore.

Only five companies had IPOs during the month of September. Through these five IPOs, Rs. 200 crore was raised. Thus, the fundraising rate during October will be much higher than in September.

It may be mentioned here that so far during the current financial year, 8 companies have raised Rs. 415 crore has been raised. Which during the same period last year was Rs. 215 crore were raised.

This month Nayaka, Star, Health, Fincare Small Bank, Utkarsh Small Fi. Other companies including Bank, Moby Quick, Amcure Pharma will enter the capital market.

LIC will apply to SEBI for an IPO in November

India's largest insurer can file the required documents for its IPO with SEBI by November. LIC's IPO will be the largest public issue in the country's history so far, a finance ministry official said. The valuation process is currently in its final stages.

Comments

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