Dozen IPOs likely to raise Rs 16,000 crore in March quarter

Emcure Pharmaceuticals, ESDS Software Solutions, AGS Transact Technologies, Waaree Energies, Hexagon Nutrition, and Ixigo are among the companies that could launch their issues this quarter

The March quarter (January-March 2022, or Q4) is expected to be a busy period for fundraising through initial public offerings (IPOs) despite concerns regarding Fed tightening and Omicron.

According to bankers, around a dozen companies are planning to launch IPOs, and could cumulatively raise up to Rs 16,000 crore. This is apart from LIC, whose IPO is also expected to hit the markets in Q4 though it is not confirmed how much it plans to raise.

Emcure Pharmaceuticals, ESDS Software Solutions, AGS Transact Technologies, Waaree Energies, Hexagon Nutrition, and Ixigo are among the companies that could launch their issues this