The euphoria over initial public offerings (IPOs) and spectacular response to recent listings have put the primary market once again in the limelight.
The talk of the day is IPOs of four railway units, which reports suggested may come up with draft prospectus by August.
In other major developments, life and general insurance IPOs have been lined up by big lenders SBI and ICICI Bank, Lenskart’s CEO’s wish to list his company within next three years and Sebi has asked the NSE to refile draft prospectus for the public offer. Last but not least, Rajasthan-based Salasar Techno Engineering has kick-started proceedings for its IPO.
