It will be interesting to see how the IPO market plays out. Last time, when the biggest IPO happened, it sucked out a lot of liquidity from the market. With IPOs generally what happens is liquidity is redistributed.
J Infratech files IPO papers; eyes Rs 600 cr via fresh issue
J Infratech Ltd has submitted preliminary papers for an initial public offering valued at Rs 600 crore. The IPO includes a fresh issue and an