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IPO rush: Hyundai, Swiggy, NTPC Green among cos looking to raise ₹60K cr in Oct-Nov

Millennium Post Delhi

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New Delhi 30September2024

Hyundai Motor India, Indian subsidiary of South Korea's Hyundai Motor Company, is expected to raise Rs 25K crore, making it largest-ever IPO in India

IPO rush: Hyundai, Swiggy, NTPC Green among cos looking to raise ₹60K cr in Oct-Nov

The primary market will remain abuzz with more than half a dozen companies, including Hyundai Motor India, Swiggy, and NTPC Green Energy, lined up initial public offerings over the next two months to raise around Rs 60,000 crore, merchant bankers said.

Apart from these three firms, Afcons Infrastructure, Waaree Energies, Niva Bupa Health Insurance, One Mobikwik Systems, and Garuda Construction are among the companies planning to launch initial public offerings (IPOs) during October-November, they added.

Together, these firms are looking to raise Rs 60,000 crore through their IPOs.

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