IPO action intensifies as 11 cos target Rs 7,055 Cr next week

The primary market is poised for another action-packed week, with 11 main-board companies, including Rentomojo, Karamtara Engineering and Kanohar Electricals, set to raise Rs 7,055 crore through initial public offerings (IPOs). The IPOs are scheduled to hit the market between September 7 and September 15, with most of the issues opening for subscription on Tuesday and Wednesday. "This multi-issue rush reflects an eagerness to lock in early-stage growth equity in young companies as all these comp