The week starting from October 6 is set to be the biggest ever for the primary market in terms of fund raising size as seven IPOs worth much more than Rs 30,000 crore will hit Dalal Street. Though it is smaller in terms of number of IPOs seen in previous two weeks.
The last record week for the Indian primary market was led by passenger vehicle maker Hyundai Motor India alone, which had raised Rs 27,859 crore in October 2024.
Non-banking finance company Tata Capital will be the first to launch its Rs 15,512-crore IPO on October 6 with price band of Rs 310-326 per share . This would be the largest initial share sale by the NBFC in India and the biggest since Hyundai IPO.
Tata Capital aims to raise Rs 6,846 crore via fresh issue, while Tata Sons and International Finance Corporation