New Delhi, Aug 28 (PTI) Looking to tap into the upbeat investor sentiment, as many as four companies, including Bharat Road Network Ltd and and Matrimony.com, are expected to come out with their IPOs next month to raise over Rs 2,500 crore.
The other two firms are consumer electronics manufacturer Dixon Technologies and construction company Capacite Infraprojects.
These four companies are expected to float their IPOs (initial public offers) in September to garner over Rs 2,500 crore, merchant banking sources said.
Proceeds from the sales will be primarily used for expansion plans, repayment of loans and general corporate purposes.
Amid persisting bullish market sentiments, despite intermittent volatility, around two dozen companies have filed preliminary papers for Initial Public Offers (IPOs) with the regulator Sebi so far this year.
So far this year, a total of 17 companies, including BSE, Avenue Supermarts, Housing and Urban Development Corporation (HUDCO), Eris Lifesciences and Cochin Shipyard, mopped-up…