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Busy IPO season in March with seven offers worth Rs 12,000 crore

Unprecedented rush due to excess liquidity; all IPOs getting oversubscribed multiple times over, say experts

Topics
IPOs | Markets | Kalyan Jewellers

Sundar Sethuraman  |  Mumbai 

IPO, shares, company, firms, market
Typically, March isn’t a best month for IPOs as participants look to conserve capital for advance tax payments and to shore up balance sheets

It will be a busy March for the initial public offering (IPO) market. Several companies are looking to launch their maiden offerings to cash in on the exuberance in the secondary market. At least seven deals worth a cumulative Rs 12,000 crore are expected to hit the market over the next 3-5 weeks, say investment banking sources.

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First Published: Tue, March 02 2021. 17:09 IST
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