IPO rush ahead: Zepto, Shiprocket and 12 more firms to hit primary market
The Indian IPO market is preparing for a surge of activity with over a dozen companies, including Zepto and Shiprocket, planning to raise over Rs 25,000 crore. This follows a strong year for primary market listings across diverse sectors.
Why it matters
The influx of IPOs signals robust investor confidence and capital market activity in India's growing economy.
India's IPO market is heading for another packed month, with a fresh crop of companies across sectors waiting in a queue. More than a dozen firms are expected to launch their maiden public offerings in the coming weeks, with the proposed issues together targeting fundraising of over Rs 25,000 crore through a combination of fresh equity and offer-for-sale (OFS).The upcoming line-up spans quick commerce, housing finance, logistics, education, dairy, asset management and engineering, highlighting the breadth of companies looking to access the capital markets.Quick commerce company Zepto is set to lead the fundraising calendar with a proposed fresh issue of up to Rs 8,010 crore, along with an OFS of up to 11.34 crore equity shares.Housing finance company Truhome Finance has lined up a Rs 3,000-crore IPO, equally split between a fresh issue of up to Rs 1,500 crore and an OFS of the same amount.Education infrastructure company Elevate Campuses…
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in