IPOs for 2006
With 2005 almost coming to an end, 2006 too promises to be a sizzling year for the domestic IPO sector. In the next four months alone initial public offers (IPOs) worth Rs 20,000 crore are expected to hit the market. Corporate earnings are expected to grow in the range of 15-18% in 2006 and equities may deliver returns in the range of 12-18%. Most of the action in the primary market this year would revolve around telecom and civil aviation.