Over Rs 5,000-cr IPOs may hit mkts in Dec as investor sentiment perks up

Primary market momentum seen sustaining in an otherwise 'lacklustre' month

Close to half a dozen initial public offerings (IPOs) worth over Rs 5,000 crore are expected to hit the markets next month as investor sentiment perks up. Typically, December is considered a lacklustre month for fundraising activity. With markets scaling new peaks and foreign portfolio investor (FPI) flows staying buoyant, companies and investment bankers are looking to capitalise on the opportunity.

Companies projected to roll out their public offerings in December include KFin Technologies, Concord Enviro Systems, and GPT Healthcare.

November has proven to be the best month this year for IPOs with reference to deal volumes. About 10 IPOs