8 IPOs to hit markets in coming 2-3 months

The list of companies queing up for getting publicly listed is getting hotter and longer even as companies from different sectors will be getting listed on bourses in coming 2-3 months.

According to media reports companies like RBL Bank Ltd., Larsen & Toubro Infotech Ltd., GVR Infra Projects Ltd., Quess Corp. Ltd., Sandhar Technologies Ltd., GNA Axles Ltd., Centre For Sight Ltd., and Advanced Enzyme Technologies Ltd., are all planning to hit the IPO markets in coming 2 to 3 months. Reports further highlight, close to Rs. 6,000 crores  will be raised by these companies put together. 

This year could well be one of the better years for IPO investors with so many companies from different sectors hitting the IPO markets, threatening to surpass the 2015 capital raising exercise which saw 21 firms put together raise almost Rs. 13,600 crores. 

Owning to good monsoon expectations, better earnings for Q4 FY16 and bullish global equity market cues with US markets nearing its all time highs, the time is ripe for several companies to launch their IPOs and expect good participation from investors.

Sensex has almost climbed up by 5.5 per cent in one month's time indicating bullishness in the market.