Two companies — Indian Railway Finance Corporation and Sequoia Capital-backed Indigo Paints — are set to hit the market with their initial share-sale offers this week to raise an estimated over Rs 5,800 crore.

The companies are expecting to benefit from an equity market, which is flush with liquidity and has seen a sharp increase in new retail investors.

The three-day initial share-sale of Indian Railway Finance Corporation (IRFC) would be open for public subscription during January 18-20, while the IPO of Indigo Paints would open on January 20 and conclude on January 22.