Mumbai: The Raging IPO Frenzy has set this type of this month with the first 20 days to witness as many as 23 submissions looking for regulatory permits to launch primary stock sales worth around RS 40,000 Crore while eight companies raise more than RS 18,200 Crore on the Moon.
Some of these companies come from startup spaces such as Fintech, e-commerce, online travel and SaaS (software-as-service) segments.
So far this year, more than 40 new lists have swept around RS 70,000 Crore.
The depth of investor interests, especially from retail, are very visible with many IPOs that are excess subscribing to more than 100 times and many brokers say the total number of problems may be the top 100 signs this year.
The IPO market is very hot so it has attracted the attention of the monetary authority which in its latest bulletin said “2021 can be well into an IPO year for the country”.
Some of the main submissions between 23 totaling this month included PB Fintech based in Delhi, the promoter of the Polikebazaar insurance distributor, who searched the peer nod to the problem of Rs 6,000 Crore; and Pune-based Pharma Emcure tried to collect Rs 5,000 Crore.
In addition, Adani Wilmar, the FMCG arm of the Adani Group, tried to rise by Rs 4,500 Crores, and Mumbai Nykaa’s fashion and online clothing brands, which the FSN e-commerce holding company, has submitted a problem of Rs 4,000 Crore.
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This list also includes the technology of Le Travenue headquarterer Gurugram, promoter of Ixigo online travel hosting firm, who wants to collect 1,800 crore from a problem; and relecain Travel Technologies, the first SaaS (Software-service) company to go public in this country with the issue of 1,500 crore rs; And Rajeng-based Noida is the largest Saas company in the country in hospitality and travel rooms.
Other major problems from 1,500 crore Rs come from Tarsons based products in Kolkata that produce various quality product ware products.
Tarsons have a diverse product portfolio with more than 1,700 stock maintenance units in 300 products and operate five manufacturing facilities in Bengal.
Other medium-sized IPOs include vehicle & car service based at Kochi retailers which were submitted last week for the issue of Rs 700 Crore; VLCC Health & Health Office Care; Sapphire Foods that operates all Yum brand outlets in this country such as KFC, Pizza Hut and Taco Bell; Go fashion India (go color); Microfusion finance fusion; And the AGS Transact Technologies payment solution provider that submits the 800 Crore RS problem on Friday.
And the biggest day for the road is August 4, when four companies – Krsnaa diagnostics (Rs 1,213 Crore), Windlas Biotech (RS 401 Crore in a fresh problem and the rest inside, which is the largest franchisee pizza coffee hut, KFC and Costa in this country ( Rs 1,838 Crore), and Exxaro tiles that produce vitrification tiles (RS 161-Crore) – launch their IPOS.
The company is supported by a list of bumper from clean science & technology, GR Infraprojects, Zomato (which is the biggest problem so far this year with Rs 9,300 Crore Problems) And Chintan Pharma Chem Tatva.
AGS Problems are purely bidding for equity stock sales by promoter ravi b goubles and other sales shareholders.
Goyal will sell shares worth up to RS 792 Crore through Ofs and other sales shareholders will discribe shares worth RS 8 Crore.
Meanwhile, the first 15 days of August see eight companies successfully completed the IPO and collect more than RS 18.200 Crore D Natural results.
Some of the names of tents that completed the stock sales process were Chennai’s special chemical producer based on Chennai Sanmar which raised Rs 3,850 crores; Contract Development and Manufacturing Organization of Biotech Windlas (RS 401 Crore); Aptus Investor House Housing Value (Rs 2,780 Crore), Auto Online Retail Platform Technology (RS 3,000 Crore), and Krsnaa Diagnostic Medicine Company (RS 1,213 Crore), also completed the sale of shares.
Although more than 20.3 times excess pressure on the problem of Crore Cartrade RS, Stock made a warm debut on the road on Friday and fell by almost 8 percent on the lid even opened lower at Rs 1,600, as well as the price problem of Rs 1,618.
In addition, Nuvoco Vista Corporation, who has completed the IPO Crore RS 5,000 and set for listings next Monday, is part of the Nirma Group and is one of the largest producers of cement and concrete, offering a variety of products such as cement, ready-mixed concrete.
, Building materials such as adhesives, putty walls, dry plaster, block blocks, among others.
Bandbagon’s IPO is getting bigger and bigger; August sees 23 submissions so far
