xxxxxxx COMPANIES THAT NINE COMPANIES FILED FOR IPOs IN JULY, MOST SINCE MARCH Nine companies AT PEAK AGAIN herring prospectus (DRHPS) in July, the nc highest since March 2023. The FILED DRHPs IN JULY Number of DRHPs filed 4 in companies to tap into Muthoot Microfin 10 the public market has come from the National Securities Depository. rome y of equ ty re trol ESAF Small Finance Bank 8 r io o investor (FPI) flows. DRgHP isa Platinum Industries | 6 preliminary prospectus filed before (redo Marketing . an initial public offering (IPO) Flair Writing Industries containing key details such as the Suraj Estate Developers | ) number of shares offered, financial Fedbank Financial Services y results, and risk factors. Those who Onest ) filed their offer documents in July include National Securities Depository (NSDL), Muthoot Microfin, ESAF Small Finance Bank, and Suraj Estate Developers. Some of them have refiled with reduced issues after gauging the market feedback. After hitting record high late last year, the benchmark indices plunged as much as 10 per cent between December and March. Only five companies launched their IPOS in the first five months of 2023. However, the Source: Prime Database Jan''23 Jul'23 recovery since March has given a fillip to new filings. Bankers said the filing shows the confidence issuing companies have in the current market, given the performance of the secondary market, and the performance of IPOs both in terms of subscription and post-listing gains. More companies are likely to file their offer documents in the coming months. SUNDAR SETHURAMAN