interesting times for India stock markets, as five companies are set to come up with their initial public offerings, or IPOs, this week. These five firms are Tata Technologies, Indian Renewable Energy Development Agency, Fed Bank Financial Services, Flare writing Industries and gun oil refinery India. Now, for those wondering, an initial public offering refers to the process where private companies sell their shares to the public to raise equity capital from public investors, and the process turns a private company essentially into a public one. Remember, these IPOs are across sectors such as financial technology, specialty oils and green energy, and Tata Technologies is the first IPO from the Tata Group in over two decades.
