Mega IPOs to shine this Diwali: Hyundai, Swiggy, NTPC green set to launch

This Diwali, several mega IPOs are set to launch, including Hyundai India, Swiggy, and NTPC Green Energy, aiming to raise over Rs 50,000 crore collectively. Hyundai’s IPO, expected to be India’s largest at over Rs 25,000 crore, along with Swiggy’s Rs 11,600 crore and NTPC Green Energy’s Rs 10,000 crore offerings, highlight the robust demand in the market. These IPOs could cap a record-breaking year for equity capital raised in India, with 63 firms already raising Rs 64,559 crore in 2024.