BENGALURU: India's IPO pipeline is gathering momentum, with the National Stock Exchange (NSE) and Bengaluru-based Manipal Health Enterprises lining up two of the country's biggest public issues even as smaller new-age companies prepare to tap the market. While NSE is targeting a Rs 30,000-crore IPO in Sept that could value the exchange at over Rs 5 lakh crore, Manipal Health has secured Sebi's approval for its Rs 8,000-crore issue.

Manipal Health Enterprises, backed by Temasek, has secured SEBI approval for its $1.2 billion IPO, aiming for a stock market debut by late July or early August.

SEBI approves IPOs for Manipal Health to raise ₹8,000 crore and Rentomojo to raise ₹150 crore for expansion.