The number of companies entering the primary market to raise capital is increasing day by day. In the first 20 days of August, 23 companies have filed documents for IPO. These companies are going to raise 40 thousand crores. Of these, eight companies have already raised Rs 18,200 crore. Many of these companies are startups. She is working in Fintech, E-commerce, Travel and SaaS (software-as-a-Service) segments.
40 listings so far, 70 thousand crores raised
So far 40 new listings have been done and 70 thousand crore rupees have been raised from this. The share of retail investors has been very high and many IPOs have been subscribed more than 100 times. Many brokerage companies say that 100 companies can come with IPO this year. The IPO market is so hot that RBI said in its bulletin that 2021 could be the year of IPO for the country.
Investment of P-Notes at the peak of 40 months, foreign investors showered money on the Indian market
Start-up companies are bringing IPO
Companies that have filed documents for IPO in August. They include Delhi-based PB Fintech. This company is the promoter of the insurance distributor Policybazaar. The company is going to bring an IPO of Rs 6000 crores. Pune based company Emcure Pharma is a company worth Rs 5000 crores. Adani Wilmar Group, a company of Adani Group, will come out with an IPO of Rs 4,500 crore. Mumbai-based online fashion and apparel brand Nykaa will issue an issue of Rs 4000 crore.