The busiest IPO month of the year, September, is near to its end, but there is no stopping for the IPO frenzy as over a dozen IPOs are set to hit the market in October and November including Hyundai India,

Shapoorji Pallonji Group's construction firm Afcons Infrastructure will also join the IPO rush with a Rs 7,000 crore offer while Waaree Energies is expected to raise Rs 3,000 crore through a fresh issue of shares, in addition to an OFS component.

Afcons Infrastructure, Waaree Energies, Niva Bupa Health Insurance, One Mobikwik Systems, and Garuda Construction are among the companies planning to launch IPOs during October-November

The strong momentum in IPO markets is driven by several key macroeconomic, sector-specific factors and the willingness of funds to look at new ideas, which is partially led by strong inflows into domestic mutual funds and the robust capital formation happening across corporate India.

The primary market is set to witness IPOs worth Rs 60,000 crore during October-November, including big-shot initial public offerings like NTPC Green Energy, Hyundai Motor India, Swiggy.

Over half a dozen companies, including Hyundai Motor India, Swiggy, and NTPC Green Energy, are set to raise around Rs 60,000 crore through IPOs in October-November. The IPO market is experiencing strong momentum driven by macroeconomic factors,