Ahmedabad: Driving Booming Public Offering (IPO) At present, the Mop-up company based in Gujarat from public problems – Mainboard and Small and Medium Enterprises (SMEs) IPO – arranged to cross RS 10,000 Crore-Mark in 2021.
Gujarati company has been Cumulatively appointed around Rs 9,406 Crore through 10 public problems, including the IPOS sme, so far in 2021.
Cursed among them are Nuvoco Vistas Corporation Limited, Anupam Rasayan Limited, Rolex Rings Limited and Heranba Ltd.
Five more companies from the country have increased their problems and submitted papers with the effects and Exchange Board of India (SEARCH) for the same thing.
While Veeda Clinical Research Limited and Sahhajanand Medical Technologies Limited plan to collect Hospital RS 831 Crore and Rs 1,500 Crore, the size of the IPO Adani Wilmar was set at Rs 4,500 Crore.
Most of the public offering under the pipe is expected to regard the market before December, say financial sector players, add that the Gujarat IPO collection will easily exceed Rs 10,000 Crore even if one of these five planned problems reaches the market before the end of 2021.
With the equity index New peak scale and retail investors pumping money in stock, in a hurry for public offering have increased in 2021.
Just like this, only one IPO main board and five SME problems launched in 2020 collected cumulatively RS 353 Crore.
Fund mobilization only reached RS 224 Crore through 17 IPO SME in 2019 because not one IPO main board from the country has reached the market.
“Indian companies, including those from Gujarat, have muddled $ 9.7 billion through the IPO in the first nine months of 2021, a record in two decades.
Recovery in the global market and Bullish domestic investor sentiment can be associated with high enthusiasm, where portions Retail IPO has subscribed several times, “said Aasif Hirani, Director at Securities Tradebull.
“Current investor sentiment, as many as 35 companies from all over the country can increase Rs 80,000 Crore through IPOs for October 2-December,” he added.