The Indian stock market is witnessing a boom in initial public offerings (IPOs) this September, making it the busiest month for public listings in 14 years, according to data released by the Reserve Bank of India (RBI) on0.

Indian stock market's initial public offering (IPO) surge is poised to make September the busiest month for public listings in 14 years, according to the Reserve Bank of India (RBI) bulletin data released on September 20.

With intermittent corrections on global cues, benchmark indices in the secondary market have moved up, and the outlook remains bullish, said the RBI.

Leela Palaces, a luxury hotel chain in India, has filed for an IPO to raise Rs 5,000 crore. This marks a significant step for the company as it seeks to expand and strengthen its position in the Indian hospitality market.

Schloss Bangalore, parent company of the Leela Hotels, has filed for a $599 million IPO, the largest ever in India's hotel industry.

India's NTPC Green Energy filed draft papers for a 100 billion rupees ($1.19 billion) initial public offering on Wednesday, as it looks to cash in on the country's renewables expansion plans and a red-hot equities market.