More than Rs. 1,000 crore of public issues will open for subscription this week, keeping the primary market engaged towards the end of a month that has been the busiest since May.
The initial public offerings (IPO) by Dharmaj Crop Guard and Uniparts India will be the last of November, a month that has already seen eight companies raise nearly Rs.9,500 crore through initial share sales.
The fund raisers so far include Global Health, which operates the Medanta superspecialty hospitals, Five Star Business Finance, Archean Chemical Industries and Fusion Micro Finance.
November is the most active month for IPOs since May, in which eight companies including Life Insurance Corporation of India and logistics firm Delhivery raised more than Rs 30,000 crore.