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IPOs Still Popular During Elections: Companies to Raise Rs 10,000+ Crore in May

IPOs Still Popular During Elections: Companies to Raise Rs 10,000+ Crore in May
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India s IPO market set to break May jinx in Lok Sabha election year

Sell in May, go away is a popular market adage. But Don t sell any new shares in May is the best kept secret of Dalal Street that s set to break. Sample this: the last four General Election election cycles starting 2004 have not seen a single initial public offering (IPO) launch during the month of May.

IPOs thrive despite election season: Companies plan to raise over Rs 10,000 crore in May | India Business News

India Business News: Many companies are planning to launch a wave of initial public offerings (IPOs) in May, ignoring the usual worries about market instability during election season. Firms like Indegene, Aadhar Housing Finance, TBO Tek, Go Digit, Awfis Space Solutions, and Kronox aim to raise over Rs 10,000 crore through IPOs this month.

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