Indian IPOs break all records with offers worth $2.3b in pipeline in March

Indian IPOs break all records with offers worth $2.3b in pipeline in March

A cashier displays Indian rupee banknotes inside a bank in Jammu Photo: Reuters

There appears to be a scramble to get as many IPOs done before the financial year ends. Issuances worth Rs15,000 crore have already been announced this month and a couple more, such as Lemon Tree Hotels, are in the pipeline, according to bankers.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter