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

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.

Easy Trip Planners, Kalyan Jewellers, Laxmi Organics, Craftsman Automation, Anupam Rasayan, Suryoday Small Finance Bank and Aadhar Housing Finance are among the companies looking to tap the market.

"There has been an unprecedented rush in the IPO market because of excess liquidity. All