In August, India’s IPO market witnessed a remarkable recovery, becoming the most active month in nearly a year. Over twenty companies successfully raised more than twenty-one thousand crore rupees through public offerings. This revitalization comes after a quieter first half characterized by market instability and concerns over valuations. Positive market sentiment, coupled with strong performances from recent listings, has encouraged a significant number of companies to prepare for their IPOs.
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj