India’s primary market is witnessing an exceptional run, with five major companies preparing to collectively raise over Rs 35,000 crore through initial public offerings (IPOs) in November.
After the blockbuster issues of Tata Capital and LG Electronics India, which drew strong investor interest, upcoming listings from sectors like fintech, asset management, and consumer electronics are expected to test the market’s sustained appetite.
LensKart: Rs 8,000-Crore Issue
Eyewear retailer Lenskart, backed by Temasek and KKR, is preparing for an Rs 8,000-crore IPO in early November. The company plans to use the proceeds to expand into Tier-2 and Tier-3 cities while strengthening its omnichannel retail presence.
Groww: Rs 7,000 Crore
Online brokerage Groww, supported by Microsoft CEO Satya Nad