Bangalore: Due to the economic slowdown, Indian companies were reluctant to make their public offerings for over 15 months. Now, with markets on the path to recovery, initial public offerings (IPO) are back in India. Mahindra Holidays and Resorts took the first step by announcing its IPO with a price band of Rs 275-325 per equity share, for its 9.27 million shares. The IPO by Mahindra paves way for other companies to also start making their mark in the IPO market, which was deserted for more than a year. Oil India has also announced that it aims to launch its delayed initial public offering in September if markets hold up and will also sell stakes to other state-run oil marketing firms. Last year, before it was deferred due to the economic conditions, the company had aimed to raise more than $320 million in its IPO. Public sector bank United Bank of India has also planned to float an IPO by the end of this year. Coal India is also on the list after announcing that it had initiated dialogue with the government for IPO. The company was given the Navratna status in October 2008 and as per the rules, it has to get listed within three year's time. In an attempt to expand its presence in the Indian travel market, British travel company Cox & Kings is also planning for an IPO on the Bombay Stock Exchange in September. Recently, in an attempt to boost the primary markets, capital markets regulator Securities and Exchange Board of India (Sebi) approved the concept of anchor investors (AIs) in initial public offerings (IPOs). AIs will have to invest a minimum of Rs 10 crore, and according to Sebi, no person related to the promoter, promoter group and book running lead managers can apply as anchor investor.