In the coming months, we could almost see a deluge of IPOs and the signals are there already. We had 4 IPOs in the previous week and there are 4 more IPOs in the coming week ready to raise Rs.15,000 crore between them. Between April and July, IPOs raised Rs.28,000 crore. August alone will see IPOs raising more than Rs.30,000 crore. In the second half, we you can expecting another Rs.60,000 crore of IPOs including the likes of Paytm and Tata Sky.
In the entire process, I have not counted the LIC IPO, which could be worth around Rs.75,000 crore at a very conservative level. We could also see a plethora of PSU IPOs, looking to raise money for disinvestment purposes. It is already promising to be one of the best year for IPOs, even better than what we saw way back in 2017, when close to Rs.75,000 crore was raised through IPOs.
In the coming months, we could almost see a deluge of IPOs and the signals are there already. We had 4 IPOs in the previous week and there are 4 more IPOs in the coming week ready to raise Rs.15,000 crore between them. Between April and July, IPOs raised Rs.28,000 crore. August alone will see IPOs raising more than Rs.30,000 crore. In the second half, we you can expecting another Rs.60,000 crore of IPOs including the likes of Paytm and Tata Sky.
In the entire process, I have not counted the LIC IPO, which could be worth around Rs.75,000 crore at a very conservative level. We could also see a plethora of PSU IPOs, looking to raise money for disinvestment purposes. It is already promising to be one of the best year for IPOs, even better than what we saw way back in 2017, when close to Rs.75,000 crore was raised through IPOs.