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IPO lock-in expires, shares of 38 companies worth $21 billion may enter market by November

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IPO lock-in expires, shares of 38 companies worth billion may enter market by November

Shareholder lock-ins worth $21 billion in 38 companies will be lifted between today and November 30. The value pertains to the opening of total locked-in shares but it is important to note that not all of these shares will come for sale as a sizeable portion of these shares are also held by promoters and … Read more

New-age companies lead August’s IPO record for this year, raising Rs 17,000 crore. What’s next?

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New-age companies lead August’s IPO record for this year, raising Rs 17,000 crore. What’s next?

The previous highest amount raised through the market was in February when companies collected approximately Rs 7,500 crore. In July, companies raised around Rs 5,063 crore. August also saw several new-age companies, including marquee names like Ola Electric, Unicommerce, and Brainbees Solutions, tapping the public markets. The highly anticipated IPO of Ola Electric successfully raised … Read more