1. India’s IPO market hits one-year high with ₹23,000 crore raised in August

India’s IPO market hits one-year high with ₹23,000 crore raised in August

Business

  • India’s IPO market saw 22 companies raise over ₹23,000 crore in August, its busiest month in a year.
  • Strong investor demand and a packed pipeline have revived activity in India’s primary market.
  • September could see IPO fundraising touch ₹70,000 crore if Jio Platforms and NSE launch their mega issues.
  • Jio’s proposed ₹37,700-crore IPO could become India’s biggest-ever public offering if it goes ahead.

Source: fortuneindia.com

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