Five cos to float public offers this week

Tuesday 12th December, 2023

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Five cos to float public offers this week New Delhi: The IPO lane is getting crowded as five companies, including India Shelter Finance and DOMS Industries, have lined up public offers this week on favourable market conditions. The other three companies whose maiden public issues are slated to open are Inox Group entity Inox India, Jaipur-based retail jewellery company Motisons Jewellers and Mumbai-based Suraj Estate Developers, according to their Red Herring Prospectus. Together, these companies are estimated to raise at least RS 4,200 crore. This comes on the back of 10 companies successfully concluding their maiden public ISSues last month. AGENCIES