In the first four months of the current financial year, 12 companies have raised Rs 27,000 crore through initial public offering (IPO). The rest of the year’s IPO pipeline is very strong. Apart from this, the IPOs of four other companies … Devayani International, Windlass Biotech, Krishna Diagnostics and Xaro Tiles will open on August 4. Hemang Kapasi, head of equities at Sanctum Wealth Management, said there could be as many as 40 IPOs in the remaining years. 70,000 crore from these. A large number of retail investor brands are listed on the stock exchanges. Kushalendra Singh Sengar, Founder and CEO of Invest19, said, “Investors will be busy in the financial year due to PayTM, Mobikwik, PolicyBazar, Cartrade Tech, Delhi and Nika IPOs.
LPG cylinder is expensive or inexpensive, know the latest price of August 1st
Due to the strong rally in the stock market, companies are preferring to raise money through the IPO route, he said. Companies are selling their stake at higher valuations, he said. Because of this, promoters are submitting initial documents for the IPO to the Indian Securities and Exchange Board (SEBI). According to data analysis, in the first four months of the current fiscal, April-July, 12 companies made an IPO of Rs 27,052 crore. In addition, Power Grid Corporation-sponsored Power Grid Invite, through IPO route, has raised Rs 7,735 crore.
Prior to this, 30 companies had raised Rs 31,277 crore from IPOs in the entire financial year 2020-21. In fiscal year 2019-20, 13 companies made Rs 20,352 crore through IPOs. In 2018-19, 14 companies have raised Rs 14,719 crore from IPOs. In fiscal year 2017-18, 45 IPOs generated a total of Rs 82,109 crore.
SBI’s monsoon blast, this solution on home loan till August 31st
