26-April-2024
Markets and Finance
 
IPO pie set to grow bigger as over a dozen financial services players line up Rs 55,000 cr issues
14-Jun-2021

With payments major Paytm’s board reportedly approving a bumper share sale plan running north of Rs 22,000 crore, the IPO market is set for a big days as over a dozen financial services players, including fintechs, are set to mop up over Rs 55,000 crore this fiscal from the market, according to investment bankers. With more than a dozen insurance, asset management, commercial banking, non-banks, microfinance, housing finance and payment bank players already filing draft documents with the market regulator Sebi for public offerings, the financial services sector is set to dominate the primary issues or initial public offerings (IPOs) over the coming months.

News Source:- https://www.financialexpress.com/market/ipo-news/ipo-pie-set-to-grow-bigger-as-over-a-dozen-financial-services-players-line-up-rs-55000-cr-issues/2270595/