Chasing IPO gold, small lenders, finance companies to raise over Rs 6,500 crore

October 23, 2023

The IPO pipeline of small finance, microfinance and non-banking finance companies worth over ₹6,500 crore is bigger than the amounts raised by them annually in the past five years. At least eight such lenders have filed their draft documents for an IPO with the Securities and Exchange Board of India.

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