IPO Arrivals: These days there is a flurry of IPO after one in the primary market of the country. There have been 28 IPOs so far this year. Companies have raised 42 thousand crores from them. It is believed that in the remaining five months, if there is a lot of IPOs like this, then up to one lakh crore rupees can be raised from the investors. Traditional companies are bringing IPO, but the way the public issue of Internet platform company like Zomato has got tremendous response from investors, it has created a huge stir in this market.
54 companies have announced to bring IPO
After the huge success of Zomato’s IPO, the IPO of companies like Paytm, PhonePe, MobiKwik, Grofers, PolicyBazaar, Flipkart Internet are also expected to get a lot of success. is being expressed. All these new-age companies are preparing to bring IPO this year. So far this year, 54 companies have announced to bring IPO. Of these, only 21 companies intend to raise Rs 70,000 crore. These do not include the government insurance company LIC, which alone can raise Rs 50,000 crore. Such a rain of public issue of companies in the primary market was seen in 2017. That year, the companies had raised Rs 67,147 crore through 36 IPOs.
The arrival of new IPO depends on the bullish market
Even though there is a lot of new issue of companies in the primary market at this time, but experts believe that this trend will continue only if the stock market remains bullish. Pranav Haldia of Prime Database told ‘Indian Express’ that the pace of IPO coming in the coming days will depend on the rally in the stock market. In 2013, when there was a slowdown in the stock market, companies that had announced to bring IPO had stopped public issue of Rs 75,000 crore.