The IPO pipeline is dominated by offering plans from Tata Capital and ICICI Prudential AMC and more. (Image source: Unsplash) Show Quick Read Summary is AI Generated. Newsroom Reviewed
PhonePe's confidential filing for an India IPO has become the latest talking point in a long list of financial market debuts that are set to hit Dalal Street soon.
As Tata Capital gears up to lead the charge with its Rs 17,000 crore offer, India's banking, financial services, and insurance sector is preparing for at least 15 other listings that can collectively raise around Rs 60,000 crore within a couple of months, according to data compiled from PRIME Database.
This fundraising spree is being driven by regulatory requirements for large firms and the need for private equity firms to exit their inves