Six IPOs Open Together, Marking India’s Busiest Listing Day in Nearly 30 Years
A historic day for India’s IPO market as six companies open their initial public offerings together — something the market hasn’t seen since October 14, 1996. Karamara Engineering, Rentomojo, LCC Projects, Steamhouse India, Manipal Payments and Asset Reconstruction Company are among the issues opening up. Here’s a look at the six IPOs and what’s driving this unusual IPO rush.
