₹33,500 cr IPOs wait for a turnaround in sentiment
Only three companies are in the queue for IPO approval, the shortest such list in the last six years
Thirty-four companies, which have received approvals for initial public offerings totalling ₹33,516 crore, are yet to tap stock markets, data from Sebi shows
MUMBAI : Despite the sharp stock market rally since March, public market listings worth over ₹33,500 crore are waiting in the wings, as companies which have received regulatory approvals hope for investor sentiments to improve and higher valuations.
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