It's raining IPOs: With 8 deals, busiest month for Dalal Street in nine yrs

While in terms of volume this has been a busy month, the cumulative amount, Rs 7,123 cr, being raised is relatively low

Topics
IPO | BSE | NSE

Sundar Sethuraman Samie Modak  |  Thiruvananthapuram/Mumbai 

This month is proving to be one of the busiest month for initial public offerings (IPOs) in close to a decade, with nearly eight deals getting launched. The last time a month saw many deals getting launched was September 2011 when 8 IPOs were launched.

Asset management firm UTI Mutual Fund and state-owned shipbuilder Mazagon Dock will launch their offerings just before the month ends. Stellar listings for last three IPOs has buoyed prospects for the primary markets, said experts. The two issues that closed this week -CAMS and Chemcon Speciality- continued to witness huge ...

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First Published: Thu, September 24 2020. 12:27 IST
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