35 IPOs are expected to enter the market in the current quarter
Mumbai: The influx of initial public offerings (IPOs) in the country has not stopped. Considering the proposals before the Securities and Exchange Board of India (SEBI), it is being calculated that there will be six IPOs in the country in the current December quarter. Taking into account the reports received, companies are expected to raise Rs 20,000 crore through six IPOs in the December quarter, an analyst said. The primary market is also booming following the boom in the secondary market. The participation of retail investors has also increased. Companies that are launching IPOs in the near future include Patim, Nayaka, Policy Bazaar etc. India's development story is intact given the way IPOs are being rushed. The country's economy, which has been weakened by the corona, is seeing a recovery, which has also boosted investor sentiment. Due to the increase in retail participation, the total number of demat accounts with the country's two main depositories, CDSL and NS