Indian IPO Market Set for Busy Week With $1.7 Billion in Deals
India's primary market is set for its busiest period this year, with at least four companies planning to raise a total of about 150 billion rupees ($1.7 billion) through initial public offerings next week.
Kalpataru Ltd., Ellenbarrie Industrial Gases Ltd., and Globe Civil Projects Ltd. will start share sale Tuesday. HDB Financial Services Ltd., a unit of India's biggest private lender HDFC Bank Ltd., is also planning to launch its $1.4 billion IPO Wednesday, Moneycontrol reported this week, citing people it didn't identify.
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