ICICI

IDFC First Bank raised Rp30bn ($409m) this week from a larger than expected sale of primary shares.

Utkarsh Small Finance Bank is planning an IPO of new and existing stock worth up to Rp13.5bn ($185.8m).

Macrotech Developers, an Indian real estate company that was called Lodha Developers until mid-2019, has revived plans for a listing under its new name, three years after its last attempt at an IPO.

RailTel Corporation of India, a state-owned information and communication technology infrastructure provider, has received strong and early retail support for its upto Rp8.19bn ($112.4m) IPO.

Sequoia Capital-backed Indigo Paints has fixed the price band for its up to Rp11.7bn ($159.9m) IPO, which is set to open next week.

Indian Railway Finance Corp (IRFC) will hit the market next week with the country’s first IPO of the year. It is on track to raise up to Rp46.33bn ($633.7m).

The National Highways Authority of India has picked banks for the potential Rp50bn ($680.5m) IPO of an infrastructure investment trust, according to a source close to the deal.

Indian public sector lender Canara Bank has raised Rp20bn ($271.8m) from the sale of a chunk of primary shares, according to a banker close to the deal.

Warburg Pincus-backed Computer Age Management Services, an Indian finance-focused technology firm, is set to launch its IPO of up to Rp22.4bn ($305.2m).

Happiest Minds Technologies kicked off a three-day bookbuilding for its Indian IPO on Monday.

Mahindra and Mahindra Financial Services has raised Rp30.9bn ($412.4m) after wrapping up an oversubscribed rights issue.

India's placements market is heating up, with new issuers set to raise fresh equity.