Ten companies plan to raise Rs 20,000 crore through IPOs in December, fueling market optimism.

Ten companies, including Vishal Mega Mart and Blackstone-owned International Gemmological Institute India Ltd, plan to raise a combined Rs 20,000 crore through IPOs in December. The offerings aim to fund expansion, pay off debts, and support working capital. Over 30 IPOs are expected in the coming month, with strong interest from issuers and investors boosting market sentiment.

November 24, 2024
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