Companies need capital to keep their business running, growing, and expanding. They have the option to raise funds from promoters, stakeholders, or banks. But after a certain point, most companies prefer to go public, meaning they raise funds by selling their equity shares to public investors. The activity of issuing company equities to public investors for the first time is called an Initial Public Offer or IPO.
The Indian stock market has seen a significant surge in IPO releases in the past few years, and many investors are interested in investing in upcoming IPOs. But recent IPO performance in 2021 has disappointed many investors.
In 2021, IPOs from Zomato and Paytm had failed to justify the hype despite being start-up unicorns. IPO performance in 2021 is a reminder that IPOs carry their own risk.
The subpar performance of 2021 has caused many investors to turn away from IPO investment. But IPO is an asset class with the potential to generate significant returns. IPO news always creates a lot of excitement in the market. Let us look at the nine biggest Indian IPOs ever.
The company operating in the PSU segment is the country’s largest producer of non-coking and coking coal. In 2010, Coal India launched a massive IPO worth Rs 15,200 crore.
Buy Coal India shares. Track Coal India share price on Angel One’s website.
Coal remains the primary energy source, and the demand for coal will rise with economic expansion. It makes Coal India shares a good investment for the long run.
India’s largest business conglomerate, Reliance, is involved in telecom, energy, financial services, infrastructure, retail, media and entertainment, power, and other industries. In 2008, Reliance Power issued IPOs for a staggering value of Rs 11,700 crore.
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General Insurance of India was a PSU insurance company offering reinsurance across several key businesses. The General Insurance Company of India launched an IPO worth Rs 11,372.64 crore in 2017.
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The Oil and Natural Gas Corporation is the primary government agency exploring and exploiting India’s petroleum reserve. In 2004, ONGC released IPO shares for a total value of Rs 10,534 crore.
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New India Assurance Company launched an IPO of Rs 9585.82 crore in November 2017.
The company offers insurance solutions to key industry segments like marine, aviation, vehicle, crop, medical, and others.
Learn more about New India Assurance share price on Angel One’s website before investing.
The real estate development company issued public shares in 2007 for a total value of Rs 9187.5 crore.
DLF is India’s largest real estate company operating in residential and commercial property development segments.
Follow DLF share price on Angel One.
The joint venture insurance company issued an IPO in 2017 of Rs 8695.01 crore.
Track HDFC Standard Life Insurance share price on Angel One.
The next on the list is Cairn India, which floated its IPO in 2006 for Rs 8616 crore. The company is engaged in oil and natural gas exploration and production. Cairn IPO is one of the most successful Indian IPOs.
Follow Cairn India share price on Angel One mobile app before buying.
ICICI Prudential IPO was launched in 2016. The value of the IPO was Rs 6,057 crore.
If you want to buy ICICI Prudential shares, track ICICI Prudential Life Insurance share price on Angel One website.
Like any business, IPO investment involves risks of capital loss, but it can also be very profitable for investors. The above nine companies’ IPOs are examples of successful public offers. To know more about upcoming IPOs and invest in them, open a demat account with Angel One.
Disclaimer – This blog is exclusively for educational purposes. The securities quoted are exemplary and are not recommendatory.
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