IPO: Three companies to enter the market next week and will raise Rs 5000 crore

New Delhi| Despite the stock market turmoil, companies can raise more than a record Rs 1.20 lakh crore by December through an initial public offering i.e. IPO. Earlier in 2021, 63 companies had raised Rs 1.20 lakh crore through IPO.

64 companies have raised Rs 93,647 crore so far this year from IPOs. Next week, three companies will land to raise more than 5,000 crore. In this way, the amount to be raised from the IPO will reach Rs 97,782 crore by the end of this month.

In the first week of November, NTPC Green Energy is launching an IPO worth 10,000 crore.  If we combine this, the total amount will be 1.08 lakh crore. Shapoorji Pallonji’s Afcons Infra will also enter the market to raise Rs 8,000 crore and Swiggy Rs 11,000 crore. According to analysts, if the trend of IPO continues like this, companies can raise historically the most money by December.

However, the record in terms of number of IPOs has been broken. So far in 2024, 64 companies have entered the market and next week three will. 58 companies accounted for 49,437 crore in 2023, 40 companies accounted for 59,939 crore in 2022 and 63 companies in 2021
There were 15 companies in 2020, 16 companies in 2019, 24 in 2018 and 38 in 2017 that had brought IPOs. In 2017, the second largest amount was raised totaling Rs 75,279 crore.

Next year also, companies will enter the capital market heavily. Tata Sons is the biggest hit among the big companies that are expected to launch issues next year. Although Tata Sons is currently avoiding IPO, but if RBI becomes strict then it will have to bring an issue. Its issue could be worth 55,000 crores.

SME companies have broken the record of the last 12 years. 210 companies have raised 7,693 crore this year. This is the highest amount since the SME platform was launched in 2012. Earlier in 2023, 182 companies raised Rs 4,967 crore.