Two companies to float their IPOs, next week to raise 7,868 crore rupees

Two companies, Star Health and Allied Insurance Company and Tega Industries, will float their initial public offering, IPOs, next week to raise 7,868 crore rupees.

Two companies, Star Health and Allied Insurance Company and Tega Industries, will float their initial public offering, IPOs, next week to raise 7,868 crore rupees.

The IPO of Star Health will start on November 30, while that of Tega Industries will be open for public subscription on December 1.

This comes after 10 firms successfully concluded their initial public offerings in November. So far in 2021, as many as 51 companies have launched their IPOs to raise over 1 lakh crore rupees.