Earlier, in the entire financial year of 2020-21, 30 companies had raised Rs 31,277 crore from IPO. So far in the current financial year, 12 companies have raised about 27 thousand crores through IPO.
Around 40 IPOs can come ahead in the current financial year.
IPO this year: In the first four months of the current financial year, 12 companies have raised Rs 27,000 crore through initial public offerings (IPOs). The IPO pipeline is very strong for the rest of the year. Hemang Kapasi, head of equity, Sanctum Wealth Management, said around 40 IPOs could come up in the remaining year. They are expected to raise Rs 70,000 crore. Also, brands belonging to a large number of retail investors will be listed on the stock exchanges.
Central banks around the world have increased liquidity, due to which the stock market of the whole world is booming. This is the reason why companies are focusing on raising funds through IPO. Financial experts say that before investing in any IPO, read the DRHP which the company submits to SEBI. In this, it is told how the investors’ money will be used and what is the future plan of the company.
Keep these things in mind before investing in IPO
If the IPO fund is used for expansion of business apart from paying off debt, then it is a positive sign. Investors should also keep in mind how successful the business model is. The most important thing is that investors should be clear about the purpose of investment. If investing for a long time, then it is important to have strong fundamentals of the company.
IPO of four companies will open this week
This week on August 4, the IPO of four other companies- Devyani International IPO, Windlas Biotech IPO, Krishna Diagnostics (Krsnaa Diagnostics IPO) and Exxaro Tiles IPO are going to open on August 4. Kushalendra Singh Sengar, Founder and CEO, Invest19, said, “The IPOs of Paytm, MobiKwik, PolicyBazaar, Cartrade Tech, Delhivery and Nykaa will keep investors busy during the financial year.”
12 companies raised 27 thousand crores
He said that due to the strong rally in the stock markets, companies are giving priority to raising funds through the IPO route. He said that companies are selling their stake at higher valuation. Because of this, the promoters are also submitting the initial documents for the IPO with the Securities and Exchange Board of India (SEBI). According to data analysis, 12 companies have raised Rs 27,052 crore through IPOs during the first four months of the current financial year, April-July. In addition, Power Grid InvIT, sponsored by Power Grid Corporation, has raised Rs 7,735 crore through the IPO route.
Last financial year 30 IPOs came
Earlier, in the entire financial year of 2020-21, 30 companies had raised Rs 31,277 crore from IPO. In the financial year 2019-20, 13 companies had raised Rs 20,352 crore through IPO. In 2018-19, 14 companies had raised Rs 14,719 crore from IPOs. A total of Rs 82,109 crore was raised through 45 IPOs in the financial year 2017-18.
Also read, 33% jump in GST collection, once again the figure crosses 1 lakh crore, know how many came to the treasury
Also read, If you invest in the stock market, then a special tip for you, know which stocks are giving the highest returns to investors