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IPO rush ahead of FPI holiday season

More than half a dozen companies will hit the market with their initial public offerings (IPOs) between now and the end of next week.

The cumulative amount raised from these IPOs is expected to be around Rs 8,000 crore.

Stationery products firm DOMS Industries and home financier India Shelter Finance s IPOs - of Rs 1,200 crore each - got off to a flying start on Wednesday (December 13), with the former garnering over six times the subscription and the latter getting 1.5 times subscribed. ....

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