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September sees highest number of IPOs in last 30 months

In September 2020, eight companies raised more than Rs 7,100 crore, much less than the Rs 15,711 crore garnered by eight firms in March 2018

October 06, 2020 / 07:37 PM IST

Ten companies have launched their IPOs since July and many more are in the pipeline. September has been particularly busy with eight companies opening their public issues during the month.

Happiest Minds Technologies, Route Mobile, Chemcon Speciality Chemicals, Computer Age Management Services, Angel Broking, UTI Asset Management Company, Mazagon Dock Shipbuilders and Likhitha Infrastructure launched their initial public offers during September 2020.

The last time eight companies hit the Street with IPOs was in March 2018.

In March 2018, eight companies - Bharat Dynamics, Bandhan Bank, Hindustan Aeronautics, Sandhar Technologies, Karda Construction, Mishra Dhatu Nigam, ICICI Securities and Lemon Tree Hotels - had come out with initial public offerings.