There were nine initial public offers (IPOs) in November, the most in a month this year and the fourth highest in just over a decade, said a report on Monday suggesting that companies were hopeful of the market rising.
In November, the Nifty 50 touched its lifetime high of 18,614 and the Sensex rose to its peak of 63,284. There were 32 IPOs with an issue size of $7.6 billion till November this year, said the Dealtracker report by Grant Thornton Bharat.
The biggest IPO in November was Five-Star Business Finance; it raised more than Rs 2,700 crore. The Rs