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Saturday, November 18, 2023

Flurry of IPOs: 5 companies gear up to raise Rs 7,300 crore next week

November is set to be a busy month for IPOs in India, with five companies, including Tata Technologies and Indian Renewable Energy Development Agency Ltd, planning to raise over Rs 7,300 crore collectively. The IPOs of Fedbank Financial Services, Flair Writing Industries, and Gandhar Oil Refinery India are also expected to open in November. This surge in IPO activity is attributed to factors such as strong post-listing returns and favorable market conditions.

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