25 Indian companies approved for IPOs worth Rs 22,000 crore amid global stock market volatility.

25 Indian companies approved by SEBI plan IPOs worth Rs 22,000 crore amid global stock market volatility. SoftBank's Indian investments, including Ola Electric Mobility, Unicommerce eSolutions, and Brainbees Solutions, experience successful IPOs with shares surging by 60%, 80%, and 40% respectively, adding funds for SoftBank's planned large-scale push into AI and semiconductors. India's market, which has seen recent big debuts like Ola's $733 million IPO, is set for more with Hyundai Motor Co.'s local unit preparing for a $3.5 billion listing.

August 16, 2024
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