Winning Bizness Desk

Mumbai. On one hand, while it is raining all over the country during monsoon, on the other hand, a ray of hope is visible in the industrial circles of the country because there is a rain of IPOs here every day. Needless to say, the rain of IPOs has given the best returns in the world to the Indian IPOs launched this year. The 36 IPOs launched in 6 months have given an average return of 57% since their listing. Compared to other countries and continents, the IPOs launched in the Asia Pacific region have given 32% return which is double the global average. 15 more IPOs can come in the next 6 months, through which companies can jointly raise about 91 thousand crores rupees. Notably, investment banks got a fee of ₹ 2,038 crores for handling the IPO and this is the highest earning in 17 years.

What is an IPO

When a company issues its shares to the general public for the first time, it is called Initial Public Offering (IPO). The company needs money to expand its business. In such a situation, instead of taking a loan from the market, the company raises money by selling some shares to the public or by issuing new shares. For this, the company brings an IPO

36 IPOs raised about ₹ 88.5 thousand crores

According to the data of Prime Database Group, 36 IPOs that have come so far have raised about 88.5 thousand crores. These IPOs were oversubscribed by an average of 12 times. According to Pranav Haldia, Managing Director of Prime Database Group, this trend will continue. The kind of listing gains we are seeing, if an investor is able to get allotment, he can make money quickly. According to data from financial markets data provider LSEG Data and Analytics, the capital raised through equity capital market (ECM) activity increased 2.5 times to Rs 2.46 lakh crore. This is the highest figure in any half year. ECMs include IPOs, follow-on offerings such as block deals, follow-on public offerings (FPOs) and qualified institutional placements (QIPs)