Business

Thirty Companies Can Raise Rs 45,000 Crore Through IPO

Thirty companies can raise Rs 45,000 crore Through IPO: Zomato’s IPO got 38 times subscription.

Thirty companies can raise Rs 45,000 crore from a share sale, their IPO may come in October-November.

In the month of October-November through an initial public offering (IPO), at least 30 companies can raise a total amount of over Rs 45,000 crore by selling shares, merchant banking sources have said.

He said that a major part of the capital raised would go to technology-driven companies.

These firms will raise funds through IPO.

According to a merchant banking source, the firms that will raise funds through the IPO during October-November are Policybazaar (Rs 6,017 crore).

Emcure Pharmaceuticals (Rs 4,500 crore), Nykaa (Rs 4,000 crore), CMS Info Systems (Rs 2,000 crore), Mobikwik Systems (Rs 1,900 crore).

Apart from this, Northern Arc Capital (Rs 1,800 crore), Exigo (Rs 1600 crore), Sapphire Foods (Rs 1500 crore), Fincare Small Finance Bank (Rs 1,330 crore).

Sterlite Power (Rs 1,250 crore), RateGain Travel Technologies (Rs 1,200 crore). ₹ Cr) and Supriya Lifesciences (Rs 1,200 crore) may also issue their IPOs in the period under review.

Zomato’s IPO got 38 times a subscription.

Let us tell you that Zomato’s IPO has encouraged new tech companies to IPO. Zomato’s IPO was subscribed 38 times.

Usually, companies like Zomato raise funds from private equity companies and IPOs have opened up a new source of funding for new-age tech companies, says Jyoti Roy, vice-president (equity strategist), Angel One.

Roy said that the stronger-than-expected recovery in the economy after the pandemic is one of the reasons for preparing for many big IPOs in the coming month.

IPOs will keep coming in large numbers.

Nikhil Kamat, co-founder of True Beacon and Zerodha also gave a similar opinion saying that if the bullish momentum continues for the next 1-2 years, IPOs will keep coming in large numbers.

Kaushalendra Singh Sengar, Founder and CEO of, Invest19 said that the IPO boom is expected to increase in the coming year if the current market conditions remain the same.

admin

Recent Posts

Top South Indian Honeymoon Destinations For April: Perfect Romantic Getaways

Top South Indian Honeymoon Destinations for April: Perfect Romantic Getaways. Discover the Top honeymoon spots…

23 hours ago

Elvish Yadav’s Viral Holi Celebration In Surat Amazes Fans | Trending News

Elvish Yadav's Viral Holi Celebration in Surat Amazes Fans | Trending News. Elvish Yadav's Viral…

2 days ago

Indian Navy’s Display Of Strength: Eight Submarines Unite In Arabian Sea Exercise

Indian Navy's Display of Strength: Eight Submarines Unite in Arabian Sea Exercise. Indian Navy's Display…

3 days ago

Infinix GT 20 Pro: 5000mAh Battery & 256GB Storage Listed On FCC | Launch Imminent

Infinix GT 20 Pro: 5000mAh Battery & 256GB Storage Listed on FCC | Launch Imminent.…

4 days ago

Remembering Shaheed Diwas: Bhagat Singh, Sukhdev, And Rajguru’s Sacrifice

Remembering Shaheed Diwas: Bhagat Singh, Sukhdev, and Rajguru's Sacrifice. Remembering Shaheed Diwas: Honor the legacy…

5 days ago

Arvind Kejriwal Arrested: Why He Withdrew Supreme Court Petition Revealed By Lawyer

Arvind Kejriwal Arrested: Why He Withdrew Supreme Court Petition Revealed by Lawyer. Delhi CM Arvind…

6 days ago