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India’s IPO boom faces a reality check as investors no longer buy every story

MintIndia’s IPO boom faces a reality check as investors no longer buy every story
Image: Mint

As many as 124 companies have valid Securities and Exchange Board of India approvals to launch IPOs, seeking to collectively raise ₹2.45 trillion, according to Prime Database. Another 130 companies are awaiting regulatory clearance after filing their offer…

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