23 firms race to launch IPOs worth Rs 40,775 crore before September 30 deadline

Around two dozen companies must launch their IPOs by September 30. These firms need to start the share sale process or refile offer documents. Approvals for at least 23 companies, seeking ₹40,775 crore, expire this month. Companies have one year from Sebi approval to launch their issues. Refiling would add significant costs and delays to fundraising plans.