Clock ticks for a dozen Indian IPOs as approvals near expiry

India's IPO market faces potential disruptions as several companies risk missing their listing deadlines due to a market downturn. Firms like Credila Financial Services and Dorf-Ketal Chemicals are among those with approvals nearing expiry. Valuation concerns and weak secondary market performance are prompting companies to delay or refile, impacting the IPO pipeline after two strong years.