Two IPOs to hit market this week, eye over Rs 5,800 crore
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Two companies &mdash; Indian Railway Finance Corporation and Sequoia Capital-backed Indigo Paints &mdash; are set to hit the market with their initial share-sale offers this week to raise an estimated over Rs 5,800 crore.</p>
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The companies are expecting to benefit from an equity market, which is flush with liquidity and has seen a sharp increase in new retail investors.</p>
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The three-day initial share-sale of Indian Railway Finance Corporation (IRFC) would be open for public subscription during January 18-20, while the IPO of Indigo Paints would open on January 20 and conclude on January 22.</p>
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