IPOs Fundraise Tops Rs 27,000 Cr In Apr-Jul; Public Issues Worth Rs 70K Cr In Pipeline

As many as 12 firms have raised a staggering Rs 27,000 crore through IPO route in the first four months of the ongoing fiscal, and the pipeline is pretty strong for the remaining part of the year too. Further to this, initial share sales of four other companies Devyani International, Windlas Biotech, Krsnna Diagnostics and Exxaro Tiles are schedule to open on August 4. Hemang Kapasi, Head of Equities at Sanctum Wealth Management, said that as many as 40 initial public offers (IPOs) are lined up for rest of the…

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