India: Teamlease, HCG Global & SSIPL Retail IPO's to test investor appetite

Photo: Mint

Three companies will likely hit the market this month with initial public offerings (IPOs) that will test the nerves of investors, on edge because of the contagion effect from China.

Cancer care specialist HealthCare Global Enterprises Ltd (HCG), staffing services firm TeamLease Services Ltd, and footwear manufacturer and retailer SSIPL Retail Ltd will seek to raise a collective Rs.1,400 crore through the IPOs, bankers familiar with the plans said.

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