HomeBusiness30,000 crore IPOs to come next year, these companies are included in...

30,000 crore IPOs to come next year, these companies are included in the list

After the market performed well in the initial public offering (IPO) in the year 2020, now more than 30 IPOs are in the queue for the next year. Their total value is estimated to be more than Rs 30,000 crore. This year various companies have raised more than Rs 25,000 crore through IPOs. At the same time, it has also been announced to bring more issues in the last few months.

In comparison, the IPO performed better in the second and third quarters of the current fiscal year despite the Kovid-19 pandemic in 2020 and the ongoing lockdown. This is better than 2019 when 16 IPOs raised only Rs 12,362 crore. Whereas in 2018, 24 companies had issued their IPOs and raised Rs 30,959 crore.

Many veterans have IPOs in the queue

The year 2019 saw a full 60 percent drop compared to 2018. In the year 2021, Kalyan Jewelers, Indigo Paints, Stove Craft, Samahi Hotels, APJ Surendra Park Hotels, Nurica, Mrs. Bacter Foods and Jomato are in the IPO queue. At the same time, if the government goes ahead with its intention, then the IPO of Life Insurance Corporation of India (LIC) in 2021 is also expected to knock in the market. It is estimated to be the largest IPO in the country so far which could break all previous records. LIC’s market valuation is estimated at thousands of billion rupees. According to market experts, most of these IPOs are expected to hit the market in January-March. Thus, the end of the current financial year is expected to be positive. Other big corporate IPOs include the IPO size of Kalyan Jewelers in Kerala at Rs 1,750 crore and Indigo Paints’ IPO at about Rs 1,000 crore.

.

Must Read
Related News