The primary market activity, which registered record fundraising in July led by marquee issuances like SBI Funds Management, is set to witness an unprecedented surge in September. Even though most initial public offerings (IPOs) have not given returns, the demand for IPOs is huge. While July established itself as the most lucrative month of the calendar year so far, with gross issuances topping ₹20,100 crore across companies such as Indo-MIM and Lohia Corp, market pipeline projections indicate September will comfortably surpass that milestone.....

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Via business-standard.com