Three companies ICICI Prudential Life Insurance Company, L&T Technology Services and GNA Axles are going to hit the markets this month.
They are expected to raise over Rs. 7,000 crore through IPO.
Public issue of ICICI Prudential Life is likely to earn Rs. 6,057 crore, L&T Technology (Rs 894 crore) and GNA Axles (Rs 130 crore).
Equity shares offered through the initial public offers (IPOs) are anticipated to be listed on the BSE and NSE.
Since the beginning of this year , at least 17 firms have already floated their IPOs and got listed on the stock exchanges.
ICICI Prudential Life’s public offer includes up to 18,13,41,058 equity shares of ICICI Prudential Life Insurance Company.