Riding on the current initial public offering () boom, Gujarat-based companies mop-up from the public issuesboth mainboard and small and medium enterprises (SME) IPOs–is set to cross Rs 10,000 crore-mark in 2021.<\/p>\n
Gujarati companies have cumulatively raised around Rs 9,406 crore via 10 public issues, including SME IPOs, so far in 2021. Notable among them are Nirma Groups Nuvoco Vistas Corporation Limited, GR Infraprojects Limited, Anupam Rasayan Limited, Rolex Rings Limited and Heranba Industries Ltd.<\/p>\n
Most of the public offerings under the pipeline are expected to hit the market before December, say financial sector players, adding thatGujarats IPO collection will easily surpass Rs 10,000 crore-mark even if one of these five planned issues hits the market before the end of 2021.<\/p>\n","protected":false},"excerpt":{"rendered":"