Four initial public offerings to raise Rs 4,000 crore in a few weeks

Analysts say there's still appetite for firms with solid fundamentals

It is going to be a busy season again for the initial public offering (IPO) market. At least four deals worth a cumulative Rs 4,000 crore is expected to hit the market over the next 3-5 weeks, said investment banking sources. These include companies that had earlier deferred their fundraising plans.

Shyam Metalics, Dodla Dairy, Krishna Institute of Medical Sciences (KIMS) Hospitals, and Clean Science and Technology are among the companies planning to tap the market.

While the recent volatility in the secondary markets is a concern, experts believe the sentiment towards IPOs is still buoyant. Bankers said many new