The IPO market is expected to continue to see hectic activity as over a dozen firms are awaiting Sebi’s nod to launch their public issues. Photo: iStockphotoNew Delhi: The IPO lane seems to get busier as over two dozen companies have lined up initial share sale plans worth Rs25,000 crore in the coming months, largely to fund their expansion projects and working capital requirements. Hindustan Aeronautics, ICICI Securities, Barbeque Nation Hospitality and Flemingo Travel Retail are among the names that plan to launch their initial public offerings (IPOs) in the coming months. The year 2017 saw 36 companies collectively raising over Rs67,000 crore trough their respective IPOs, making it the best year. Experts said that proactive regulatory environment coupled with uplifted investor sentiment has helped the IPO market.

Source: Mint February 25, 2018 06:00 UTC