IPO out in the last month of the year, 10 companies to bring IPO worth Rs 10,000 crore in December

IPO: The IPO market will remain volatile in December as well and during this month 10 companies are planning to launch IPOs worth more than Rs 10,000 crore. Merchant banking sources have said this on Wednesday and even today the IPOs of two companies are open. Currently, the IPOs of Star Health & Allied Insurance and Tega Industries are open. Earlier last month also 10 companies had successfully presented their IPOs.

These companies will bring IPO in December
The companies that plan to launch their IPOs this month include RateGain Travel Technologies and Anand Rathi Wealth Limited. RateGain is a travel and hospitality technology services provider while Anand Rathi Wealth is part of the financial services group Anand Rathi. RateGain’s initial share sale of Rs 1,335 crore will open for public subscription during December 7-9, and Anand Rathi Wealth’s IPO of Rs 660 crore will open on December 2.

Health companies IPO
In addition, companies going for the IPO include Global Health Ltd, which operates and manages hospitals under the Medanta brand, pharmacy retail chain MedPlus Health Services and Healthium Medtech. In addition, Metro Brand, Shriram Properties, AGS Transact Technologies, Shree Bajrang Power & Ispat and VLCC Health Care may also launch IPOs in December.

What do investment bankers have to say
Investment bankers said these companies would collectively raise more than Rs 10,000 crore.

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