New IPO: It has been raining IPOs since the beginning of this year. A large number of companies have raised capital from the primary market. According to some reports, 35 companies will land in the December quarter to raise 80 thousand crores. Companies from almost every vertical of the industry are preparing for IPO. Among these big start-ups like Paytm, Policybazaar and Nykaa are also included. Along with these companies, many other companies are also entering the market. Their intention is to raise Rs 4000 crore to Rs 16,600 crore. According to sources, there are companies like Paradeep Phosphates, Vedant Fashions, CMS Info Systems and Northern Arc, which are raising Rs 2000-2500 crore.
64 companies submitted draft paper to SEBI
The draft paper of Arohan Financial Services, Utkarsh Small Financial Bank, Ruchi Soya Industries has been approved by SEBI. These companies will raise about 22 thousand crore rupees. For IPO, 64 companies have submitted their draft paper to SEBI. Actually, during the COVID-19, the badly faltering economy is now showing signs of getting back on track rapidly. The IMF has said that India will continue to be the fastest growing economy in the world. In such a situation, companies will try their best to take advantage of the boom in the IPO market.
New IPOs: Opportunity to invest money in seven companies! SEBI approves 28 thousand crore IPO
Start-up system to benefit the most from IPO boom
Government and RBI have taken many steps to make India a 5 trillion dollar economy. IPO investors can also get the benefit of this. However, it is also true that some of the IPOs that came in the last quarter did not get good response from the investors. The start-up system will be the biggest beneficiary of the IPO boom. Investors are showing interest in the IPO of Paytm, Policybazaar and Nyakaa.
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