IPOs invaded in September

A total of 41 companies have submitted IPO documents to SEBI for listing in Indian stock markets, with 67 companies filing their DRHP documents. Of the 239 IPOs launched this year, 175 attracted investments above the issue value, while 33 underperformed. As of September 30, 183 IPOs saw significant growth, with companies like NTPC Green, Hexaware Technologies, and Vikram Solar showing profitability. Retail investors contributed to 50% of the investments, and IPO activity saw a 114% rise. Five major companies, including Vishal Megamart and Swiggy, have received SEBI approval for upcoming IPOs.