Due to the better liquidity position and encouraging investor feedback, the companies have raised about Rs 25,000 crore through Initial Public Issues (IPO) so far this year. Experts say the IPO market is expected to remain strong by 2021. During the period under review, the IPO market was gauged and companies from various sectors entered the market. Now the companies in the pharma, telecom, IT and financial services sectors are also entering the IPO market.
Burger King’s Rs 810 crore. The IPO will open on December 2
Analysis of the data available in the stock markets reveals that by 2020, 12 IPOs will be worth around Rs 25,000 crore. 12,362 crore through 16 IPOs for the entire year of 2019. In 2018, 24 companies have raised Rs 30,959 crore from the IPO. So far this year, in 2020, companies have raised over Rs 25,000 crore from the IPO. Burger King’s IPO of Rs 810 crore is set to launch on December 2, further boosting the figure.
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Vinod Nair, head of research at Geojit Financial Services, said the amount raised through the IPO this year was higher than the previous year. The main reason is that despite the economic downturn, companies and retail investors continue to be interested in the primary market. Furthermore, companies want to raise capital for their future needs due to uncertainty.
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