Retail investors will get a chance to participate in good quality IPOs as several important names including LIC are on the upcoming IPOs list to raise as much as Rs 1.12 lakh crore.
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According to market estimates, among the upcoming issues, insurance major, LIC is likely to launch a Rs 70,000-90,000 crore issue. The IPO list is dominated by financial services sector.
Food delivery chain, Zomato will launch a Rs 8,250 crore IPO while private sector airline, Go First will launch a Rs 3,600 crore primary market issue.
Birla Sun Life Insurance is slated for a Rs 2,000 crore-Rs 24,000 crore issue while home loan company, Aptus will launch a Rs 3,000 crore issue.
Microfinance company, Arohan will launch a Rs 1700-1800 crore issue while Fincare Small Finance Bank is slated to launch a Rs 1300 crore issue.
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Jana Small Finance Bank is estimated for a Rs 1200 crore issue while the largest franchise of Yum Brands, Devyani International is set for a Rs 1400 crore issue.
