On Monday, the board of group firm Adani Energy Solutions also approved raising up to Rs 12,500 crore through a QIP. The two companies will raise a total of Rs 29,100 crore or around $3.5 billion.
How 90% IPOs in August beat volatile India market to return up to 72% after listing
In August, a majority of newly listed IPOs saw a successful debut, outpacing the broader market. Approximately ninety percent of these listings are still trading