Actually, due to Corona, people remained locked in their homes for many months. According to a report, the market also got the benefit of this. Because during Corona, the record of new investors in the market was also set.
IPO News
IPO News: There was a decline in many sectors during Corona, but during this the stock market performed well. Especially the stock market was successful in winning the trust of foreign investors. During Corona itself, India has registered a record growth on the foreign investment front. With this boom of the market, the IPO market is also going to be there for the year 2021. If we say like this, then the year 2021 can make a new record in the case of IPO.
Talking about the primary market, 40 IPOs are likely to hit the market by the end of this year. About 80 thousand crore rupees can be raised through these IPOs. So far this year, around 30 companies have already submitted their documents through IPO.
55 thousand crore plan this month
So far, 30 companies that have submitted documents for IPO are likely to raise around Rs 55,000 crore. At the same time, the remaining 10 companies are planning to submit documents this month. It is believed that companies want to capitalize on the benefit of the record made by the stock market through IPO. The companies bringing IPO are also getting the benefit of increasing liquidity in the market. Therefore, it is expected that this year can also prove to be memorable in terms of IPO.
Benefit of 2 crore new investors
Actually, due to Corona, people remained locked in their homes for many months. According to a report, the market also got the benefit of this. Because during Corona, the record of new investors in the market was also set. There was a sharp increase in the number of people who opened demat accounts for the first time. Talking about the figures, this year around 20 million new investors have joined the market. At the same time, more than 27000 crores have been raised so far this year through 22 IPOs.
There were 16 IPOs last year
Talking about the financial year 2020, 16 IPOs came in the market this year, through which an amount of about Rs 26,628 crore was raised. On the other hand, companies like Utkarsh Small Finance Bank, Glenmark Life Sciences, Rolex Rings and Seven Islands Shipping are in the queue for IPOs this year. These companies have also got approval from market regulator SEBI for IPO. Apart from this, there are many such companies who have submitted documents for IPO.
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