Samvat 2080 has proved to be a blockbuster for the Indian primary market. In this Samvat, 82 companies have so far made a record earning of Rs 1.08 lakh. There may be further increase in this figure in the coming days. IPOs of many companies are going to come before the end of this year. However, this year the stock market has also performed very well. Very few years are seen when more than 80 IPOs come in a given year. Also, the companies must have earned more than Rs 1 lakh crore in any one year. Let us also tell you what kind of figures have come out regarding the IPO.
The biggest IPO of this year was none other than South Korean vehicle maker Hyundai Motors India. The company raised Rs 27,000 crore from the IPO. Only two companies have been seen in the Indian primary market, which have raised more than Rs 20 thousand crores. Meanwhile, the IPO of Bajaj Housing Finance Limited had received tremendous response.
The company's IPO was worth Rs 6,560 crore, which received bids worth Rs 3.2 lakh crore. The IPO had received approximately 90 lakh applications. Which broke the previous record of Tata Technologies. Which also launched its IPO during the same Samvat year.
Other companies listed on the stock market this year include Bharti Hexacom, Indian Renewable Energy Development Agency (IREDA), Go Digit General Insurance, Brainbees Solutions (FirstCry), Ola Electric Mobility, Aadhaar Housing Finance and Premier Energies. Apart from this, Vodafone Idea had also brought a follow-on public offer (FPO) of Rs 18,000 crore, which was the largest FPO till date.
Experts remain optimistic about the prospects of the Indian market for Samvat 2081. He estimates that more companies will try to raise funds through the IPO route. Expected upcoming public issues include National Stock Exchange (NSE), National Securities Depository (NSDL), Vishal Mega Mart, NTPC Green Energy, ONGC Green Energy, Satluj Jal Vidyut Nigam (SJVN), and Swiggy. Apart from this, 28 companies have already received approval from SEBI to raise approximately Rs 49,889 crore. Meanwhile, according to PRIME database data, around 63 companies are awaiting regulatory approval to raise around Rs 90,608 crore through IPOs.
