India Inc looks to raise over Rs 72,000 crore from IPO market

After successfully raising over Rs 40,000 crore in the calendar year so far, India Inc is looking to raise more than Rs 72,000 crore from initial public offerings (IPO) in the coming months.
As on November 10, 2023, 26 companies have received the market regulator’s nod for IPOs and the approval still remains valid. These companies are estimated to raise up to Rs 29,000 crore. Besides, 39 companies have filed offer documents with the Securities and Exchange Board of India and are awaiting clearance. These companies are looking to raise over Rs 43,000 crore, as per data from Prime Database.
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