India's IPO market may be headed for its biggest month of the year, with investment banking sources expecting companies to raise as much as Rs 70,000 crore in September if one of the two mega issues, Jio Platforms or NSE, hits the market.
More than 25 IPOs are expected to be launched during the month, one source said. The list includes a mix of large issuers, mid-sized companies and sector-specific plays across digital platforms, financial market infrastructure, healthcare, manufacturing and consumer businesses.