At least 5 IPOs worth Rs 6,595 crore may hit Street in September

Vijaya Diagnostics, Arohan Financial Services, Penna Cement, Shri Bajrang Power and Ispat are the companies likely to come out with their IPOs in September

At least five companies looking to raise a cumulative Rs 6,595 crore could launch their initial public offerings (IPOs) next month after a busy August that saw eight IPOs.

On Thursday, south-based diagnostic chain Vijaya Diagnostics announced its plans for a Rs 1,895-crore IPO. Ami Organics will announce its plans for a Rs 600-crore issue on Friday.

Arohan Financial Services, Penna Cement, Shri Bajrang Power and Ispat are the other companies likely to come out with their IPOs in September. Paras Defence and Space Technologies could also hit the Street next month, but it is not clear how much the company is