IPO Market Boom in FY 2021-2022 for India

The IPO market has been witnessing an upswing in FY2021-2022, not just in India but in markets across the world. In the first nine months of 2021, the global IPO market has managed to rake up a whopping $330.6 billion, of which Indian IPOs comprise about 3%.

Following is a look at a few interesting facts about the performance of India’s IPO market till September 2021.

The Road so Far

From January till September 2021, about 72 companies have floated their IPOs in India. This constitutes about 4.4% of the total global IPOs in the same period. These IPOs have also collectively managed to raise about $9.7 billion in India.

In the global market, a total of 1635 companies opened to public subscription, among which the US raked up the highest amount in IPO proceeds in NYSE and NASDAQ.

Next in line was Shanghai at STAR and SSE, followed by Hong Kong at GEM and HKEx.

India currently ranks 11^th in the list of countries, ranked as per their IPO proceeds.

Indian Companies that have Floated IPOs in 2021

There were several bigwigs from varied sectors who launched their IPOs in the first 9 months of 2021. Some of the most noteworthy names in this regard are the following:

Indian Railway Finance Corporation: IRFC was the first company to float its IPO in January 2021. The public issue comprised Rs. 118.80 crores worth fresh issue alongside an offer for sale.

Barbeque Nation Hospitality Limited: Backed by market heavyweight Rakesh Jhunjhunwala, Barbeque Nation made a public offering of Rs. 453 crores.

Zomato: One of the most notable names on the list, Zomato made quite an impression among investors with its IPO. The company floated an IPO worth Rs. 9375 crores.

Vijaya Diagnostic: This diagnostic chain opened its IPO on 1 September 2021 to raise around Rs. 1895.04 crores.

Apart from these, companies such as Aditya Birla Sun Life AMC, Devyani International, Shyam Metallics, Kalyan Jewellers, and more made their stock market debut in the past 9 months.

There’s Much More to Come!

While India’s IPO market has performed exceedingly well in the past few months, there’s much more in store for investors. As per a report, Indian companies are gearing up to raise about RS. 75,000 crores in the coming 6 months.

If this materialises, the market will break its previous record of raising $11.8 billion in 2017. With IPOs such as Mobikwik, Paytm, PolicyBazaar, Nykaa, Adani Wilmar, and of course, LIC in the pipeline, 2021 is turning out to be quite a year for Indian investors.

Wrapping Up

With a healthy spread of IPO activities across all major sectors, Indian investors now have the opportunity to park their money into diverse funds. Nonetheless, it is best for investors to proceed cautiously before subscribing to any IPO, to minimise the chances of loss.

For more information on IPOs, check out the Angel One blogs!

 

Frequently Asked Questions

1. When is the LIC IPO expected to launch?

Even though the official date is yet to be announced, LIC may open its IPO for subscription by early 2022.

2. Which is the next IPO to be launched in India?

There is no official date for any new IPO, however, Paytm and Mobikwik IPOs may launch soon.

3. Can I invest in Zomato shares?

Yes, you can proceed to invest in Zomato’s shares using the Angel One platform.