As many as 18 companies have raised a Rs 23,670 crore through initial public offerings in the first half of this year, almost double from the year-ago period.
Moreover, the outlook appears to be bullish for the remaining part of 2018 as nearly 50 companies, including HDFC Mutual Fund, Lodha Developers and Rail Vikas Nigam are expected to launch their initial share-sale offers in the coming months.
