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IPO BUZZ: MARKET EXPECTS OVER ₹11,000CR IN MAY
Orissa POST
|May 20, 2025
India's IPO market rebounds with 6 companies, including The Leela owner, Borana Weaves and Belrise Industries starting off this week. Experts also believe that the economy is buoyant, and IPO market in 2025 will yield good return, seems promising
After a tepid start to 2025, the IPO market is getting back on track with six main-board companies, including Schloss Bangalore , owner of luxury hotel chain The Leela, are set to float their initial share-sales this month to collectively mobilise over ₹11,000 crore, investment banking sources said Monday.
Of the six firms, Borana Weaves and Belrise Industries will launch their IPOs this week.
Borana Weaves will float its ₹144-crore IPO on May 20, while Pune-based Belrise Industries’ ₹2,150-crore IPO will open on May 21. The remaining four companie, Schloss Bangalore Ltd, which operates Leela Palaces Hotels & Resorts, Aegis Vopak Terminals, Arisinfra Solutions Ltd, and Scoda Tubes are expected to file their IPOs next week.
This story is from the May 20, 2025 edition of Orissa POST.
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