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Listen to this article in summarized format Experts suggest the rush is being driven by a regulatory deadline. Sebi allows companies with a March 31 fiscal year end to use their audited annual results in a DRHP only until September 30. After that, issuers need to update their filings with recent financials, adding to the work involved and potentially delaying the IPO process. Read more: GIFT City eyes direct listings without IPO to deepen equity market, says IFSCA's Pradeep Ramakrishnan Among those that have filed DRHPs are Mahanadi Coalfields, Knack Global, Rudra Cottex, Valuedrive Technologies, Jai Parvati Forge, Abakkus Asset Manager, Claroid Pharma, JSW One Platforms, Airiq 365, Mount Everest Breweries, J Infratech, Arate 22, Deon Energy, Jagatjit Agri Engineering, Goldi Solar, Assetgro Fintech, Wadhwagroup Holdings, Biocon Electric and Royal Chains. Read more: Nithin Kamath reveals Zerodha's leadership secret: Why the broker rarely hires outsiders for top jobs Missing the September 30 deadline can require companies to commission a fresh stub-period audit, refresh due diligence and extend the IPO process, said Ratiraj Tibrewal, director at Choice Capital Advisors. The same cycle makes March another peak month for companies filing with September half-year financials. This rush has been intensified by IPO activity returning after a period of market volatility, with several deals delayed since April now coming back to the market, he said. India has seen a sharp rise in IPO launches since July. The latter month saw 12 IPOs raising ₹28,650 crore. In August, 23 IPOs raised ₹22,452 crore and 34 IPOs raised ₹39,400 crore in September. (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
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