Five companies including Paytm Parent One97 Communication and PolicyBaaraar Parent PB Fintech has lined the IPO in the first half of November to collect more than RS 27,000 Crore collectively, which three times opened to subscribe this week.
Driven by the excess liquidity and stock market rose, India Inc.
has collected $ 9.7 billion through this year’s IPO, the highest number of nine months for the past 20 years.
Throughout last year, 43 Indian companies collected only $ 4.1 billion.
IPO led by PaytM, Nykaa, and Polybaza will raise more than Rs 30,000 Crore through the main market in the next few days, which will take fundraising around RS 97,000 Crore, and analyst predict it can easily pass RS 1 lakh crore by the end year.
Busy fundraising as it was last seen in 2017 when the company collected Rs 67,147 Crore through 36 IPOs.
Polisbazaar IPO, SJS Enterprises and Sigachi Industries will open this week while two IPOs – Nykaa and Fino Payments Bank IPO opened last week – will also conclude this week.
While Nykaa wants to collect Rs 5,352 Crore through its IPO, Fino Payments Bank is looking to collect 1,200 crore Rs through initial sales.
Together, these seven companies – PaytM, Polikebazaar, Nykaa, Fino Payment Bank, Sapphire Foods India, Sigachi Industries and SJS Enterprises will collect almost Rs 33,500 Crore through initial sales.
Tell me more about 3 which is open to launch this week: Polishbazaar parent company will be the third Indian technology startup to knock on the public market after Zomato and Nykaa.
The insurance aggregator supported by Softbank plans to raise Rs 6,500 Crore.
It has raised the RS 2,569 Crore from an investor anchor on October 29, in front of the IPO, and now it will support the RS 5,700 Crore through its IPO consisting of a new edition of RS 3,750 Crore and offers for sale RS 1,960 Crore.
Investors can begin setting offers for public problems on November 1.
Offer will be closed on November 3, 2021.
SJS is one of the leading players in the Indian decorative aesthetic industry and equipment products for several industries including two-wheeled vehicles, passenger vehicles, consumer tools, and sanitary ware.
The company has collected Rs 240 Crore from 18 anchor investors.
The IPO ribbon is Rs 531-542 per share and the problem is closed on Wednesday.
The IPO is fully an offer for sale of shares worth RS 688 Crore by Evergraph Holdings and shares reduced by RS 112 Crore by Ka Joseph.
Sigachi Industries, cellulose-based excipient maker, plans to collect Rs 125.43 Crore on top price ribbons by issuing 76.95 lakh shares.
The increased money will be used for expansion.
What about the other two? The initial sales of Indian Sapphire Foods, which operate KFC and Pizza Hut Outlets, will be open to public subscribing on November 9 and concluded on November 11.
The IPO is expected to take RS 1,500-2,000 Crore and consist of pure bids for sale for 17.57 million shares by the existing shareholders and promoters.
RS 18,300 Crore IPO from OTY97 Communications, parent entity from Paytm Digital Payment Company, will be opened on November 8, 2021, and will be available to subscribe until Wednesday, November 10, 2021.
Band prices have been repaired at Rs 2,080-.
2,150 per part of the nominal value of each RS 1.
Last week, the company has received ahead of the Sebi market regulator.
The digital payment giant aims to collect RS 18,300 Crore through offers.
The company has increased the size of the IPO with RS 1,700 Crore from the previous 16,600 crore RS, with a fully improved from existing shareholders who sell more shares.
But how do IPOs have farified so far? “During the calendar year so far there was a publication around Rs 72,000 Crore with 87 companies that raised equity.
This is different from only around RS 18,500 Crore raised for 10 months last year.
Debt issuance.
Through a higher personal placement at Rs 4.74 lakh crore For the 9 months ended September 2021 but lower than last year when it was 6.16 lakh crore , “According to data analyzed by treatment ratings.
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Trillion Dollar Frenzy: How is the IPO really charge on the market?
