The Indian IPO market is abuzz as six companies, including Tata Technologies and IREDA, aim to raise over ₹7,300 crore. Tata Technologies, the first IPO from the Tata Group in 19 years, opens on Nov 22.
IREDA, a Mini Ratna enterprise, follows from Nov 21. Other IPOs include Gandhar Oil Refinery, Fedbank Financial Services, Flair Writing Industries, and Rocking Deals Circular Economy.
The surge in Indian IPOs reflects a growing global share, increasing from 6% in 2021 to 13% in H1 2023. The IPOs span various sectors, from engineering to financial services and stationery.