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Primary markets see revival in second half of CY20
Primary markets see revival in second half of CY20

New Delhi, Sep 21 (TIWN) The sharp turnaround in the secondary markets with the broader market also participating in the rally, has enlivened the primary markets once again with a slew of initial public offerings (IPOs) from a diverse range of companies set to hit the street in the second half of the 2020 calendar year.

Market analysts tracking the development said that a host of promoters are once again rushing to the primary market to make the most of the opportunity where recent IPOs have not only been oversubscribed by several times but it has also brought back retail investors into the market who hold the key to maintain the rally for IPOs.

So in the pipeline now are more IPOs like CAMS, UTI AMC, Angel Broking, Chemcon Speciality Chemicals, etc. that are likely to open in September.

Besides, Kalyan Jewellers, NCDEX, Barbeque Nation, Burger King, Bajaj Energy, Lodha Developers are some of the names likely to hit the market in CY20. Of this CAMS and UTI AMC will be big ticket size IPOs.

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