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This seems IPOs (Initial Public Offers) rush is not going down anytime soon. This year has already seen 36 IPOs opening for public subscription, as per the National Stock Exchange (NSE) data alone. From Indian Railway Finance Corporation Limited (IRFC) IPO on January 8, 2021, till Aptus Value Housing Finance India Limited and Chemplast Sanmar Limited on August 12, 2021, the IPO market has been buzzing with new issues every month. Interestingly, most of the IPOs have given stunningly huge return on the day of their listing itself. Some of them have also doubled investors’ money and many of them have been listed o over 50 per cent premium.  

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Meanwhile, a very exciting data has come to the fore. Setting a new record, as many has 23 companies have submitted documents to the Securities Exchange Board of India (SEBI) seeking permission for IPO, said news agency PTI, adding that these requests have been received within 20 days of August. 

Rs 40,000 crore capital to be raised from market 

These IPO documents have been submitted to raise Rs 40,000 crore capital from the market. At the same time, eight companies are already in the market and will raise Rs 18,200 crore from the market. 

Start-ups show keen interest in equity market  

Many of these companies are from the start-up sector. These include financial technology, e-commerce, online travel and SaaS (software-as-a-service) segments. 

Rs 70,000 crore raised through 40 IPOs so far 

According to available data, Rs 70,000 crore has been raised through more than 40 IPOs so far this year. More than 100 times applications were received for multiple IPOs. In this, the interest of investors and especially the interest of retail investors is clearly visible. Many brokerage companies say that this year the number of IPOs can go beyond 100. 

2021 can become the year of IPO, says RBI  

The activity in the IPO market has increased to such an extent that it has also attracted the attention of the country’s central bank. The Reserve Bank has said in its new bulletin that “the year 2021 can become the year of IPO for the country”. 

Policybazaar IPO details 

PB Fintech, promoter of insurance distributor Policybazaar, which has filed documents with Sebi for an IPO this month, is seeking Sebi’s nod for an issue of Rs 6,000 crore. Pune-based Emcure Pharma, which is looking to enter the capital market to raise Rs 5,000 crore. 

Adani Group Rs 4,500 crore IPO 

Besides, Adani Wilmar, the FMCG arm of the Adani Group, has sought approval from the capital markets regulator for an IPO of Rs 4,500 crore and FSN E-Commerce, the holding company of Mumbai-based online fashion and apparel brand Nykaa, for Rs 4,000 crore. 

Other probable IPOs  

The list also includes Gurugram-based Lee Travelnews Technology, the promoter of online travel booking firm Exigo. The company wants to raise Rs 1,800 crore through IPO. Besides, RateGain Travel Technologies is looking to launch an IPO of Rs 1,500 crore. Noida-based RateGain is the country’s largest software-as-a-service (SaaS) company in the hospitality and travel sector. Apart from this, there are many companies like Kolkata’s Tarsons Products Rs 1,500 crore, Kochi’s Popular Vehicles and Services Rs 700 crore, VLCC, Sapphire Foods who want to bring IPI. 

With PTI Inputs

 



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