Upcoming IPOs, Dec. 1 -- As many as 12 companies are set to hit the Indian primary market in the month of December, looking to raise a cumulative Rs.40,000 crore, as the IPO frenzy continues at full speed.

With three IPOs - namely Meesho, Aequs and Vidya Wire - set to open this week, the total funds raised from the primary market will swell to the highest ever, easily surpassing the Rs.1,59,783.76 crore fundraise seen in 2024.

With several IPOs scheduled for December, the total fundraising in 2025 could touch Rs.2 lakh crore, setting a new record for India's primary markets, Thomas Stephen, Head - Preferred, Anand Rathi Share and Stock Brokers, told PTI.

The strong IPO market trend signals strong investor appetite for fresh issues as t...