INSUBCONTINENT EXCLUSIVE:
63 business jointly raised Rs 1,18,704 crore through IPOs throughout 2021.New-age innovation brands like Paytm, Zomato, Nykaa and
Policybazaar, led a record Rs 1.2 lakh crore mop-up through going publics (IPOs) in India throughout 2021 even as the stock exchange key
indices leaped to new highs shaking off COVID concerns.The Indian main market was buzzing throughout the year
63 companies collectively raised Rs 1,18,704 crore (USD 15.4 billion) through IPOs throughout 2021
This is the greatest quantity of cash raised through IPOs in a calendar year.The previous best year for IPO was 2017 when Rs 68,827 crore
The cash raised in the primary market in 2021 is 62 per cent more than the total quantity of Rs 73,003 crore raised in the preceding 3 years
Throughout 2020, the total money raised through IPOs in India stood at Rs 26,613 crore, which was nearly one-fifth of the mop-up during 2021
The average concern size throughout the year 2021 stood at Rs 1,884 crore.The bullish trend at the stock markets buoyed the financiers'
The benchmark indices of the Indian stock markets hit brand-new highs throughout the year
Sensex of the Bombay Stock Market (BSE) struck a record high of 62245.43 points while Cool 50 of the National Stock Exchange (NSE) touched
its all-time high of 18,604.45 points on October 19, 2021
The record fundraising from the Indian primary market was led by the new-age innovation businesses
IPOs from new-age loss-making technology start-ups, strong retail participation and big listing gains were the crucial highlights, said
Pranav Haldea, Managing Director of Prime Database Group.One 97 Communications, the parent business of digital payments platform Paytm,
raised a massive Rs 18,300 crore (USD 2.5 billion) through IPO
This is, up until now, the largest ever IPO in India
Paytm's IPO exceeded the enduring IPO record of Rs 15,200 crore set by the state-run Coal India Limited in 2010
Though Paytm's IPO got subscribed 1.89 times, it made a dreadful debut at the stock exchange crashing 27 percent from its issue price (Rs
2,150 per share) on the first day due to lofty evaluation and suspicion about its organization model.The second-largest IPO throughout the
year was of online food delivery platform Zomato
The company raised Rs 9,375 crore through the IPO
It was a huge success with the IPO getting subscribed 38.25 times
Zomato likewise made an outstanding launching at the stock exchange making a launching at 53 percent premium over its problem price.PB
Fintech, the parent company of online insurance aggregator Policybazaar and credit contrast platform Paisabazaar, raised Rs 5,710 crore from
It consisted of a fresh concern of equity shares worth Rs 3,750 crore and an offer of sale of Rs 1,960 crore by existing shareholders
The parent firm of Policybazaar and Paisabazaar was earlier named Etechaces Marketing and Consulting Pvt
The business name was changed to PB Fintech Pvt
in September 2020 to stress the nature of fintech businesses.PB Fintech IPO got subscribed 16.59 times
The business made its market debut at 17 percent premium over its concern price.FSN E-Commerce Ventures, which runs online charm e-commerce
platform Nykaa, raised Rs 5,352 crore through IPO
Falguni Nayar-led company's IPO was a big success
The IPO got subscribed 81.78 times
It likewise made a strong debut at the stock market getting noted at 79 percent premium over its problem price.The first IPO of the 2021
fiscal year was of Indian Railway Financing Corporation Ltd's (IRFC), a subsidiary of the Indian Railways
The IPO of IRFC was the very first public issue by a train non-banking financial company.IRFC is the devoted market borrowing arm of the
IRFC's IPO was subscribed 3.5 times
The state-run business raised Rs 4,633 crore from the primary markets
IRFC made a lukewarm market debut with its share getting noted at the stock market at 4.23 per cent discount over its concern rate of Rs 26
Another public sector firm RailTel Corporation of India (RailTel) raised Rs 819 crore from the main market
RailTel's IPO was subscribed 42 times
The company made a strong market debut getting noted at 16 percent premium over its problem cost of Rs 94
PowerGrid Facilities Investment Trust, which is sponsored by the state-owned Power Grid Corporation of India, raised Rs 7735 crore through
This was the third-largest IPO of the year
The IPO was subscribed 4.83 times and the share got noted at 4 per cent premium.Rakesh Jhunjhunwala-led Star Health and Allied Insurance
Company raised Rs 7249 crore through IPO
The business got a lukewarm reaction at the stock market
Its share got noted at 6 percent discount rate over the concern rate of Rs.900 per share.Painting service firm Indigo Paints was likewise
among the first to come up with IPO throughout the year
The business raised Rs 1,176 crore from the primary market
The IPO of the fifth largest company in the Indian ornamental paint market was subscribed 117 times
The company made a bumper market launching getting noted at 75 percent premium over its issue rate of Rs 1,490
Other popular IPOs of 2021 consist of MedPlus Health Providers, Data Patterns (India), House First Finance, Laxmi Organic, Barbeque Nation,
Anupam Rasayan, Kalyan Jewellers, Brookfield India REIT, Stove Kraft, Nureca, and Heranba Industries.India's second-largest pharmacy seller
MedPlus Health Services had an outstanding IPO with the concern getting subscribed 52.59 times
The business made its stock market debut at 30 per cent premium.The simplification of guidelines by the Securities and Exchange Board of
India (SEBI) has actually led to the record fundraising by the new-age technologies firms, which are mainly loss-making
Earlier regulation required a firm to have profit-making records in order to get listed at the stock exchanges.However, SEBI has actually
Now the loss-making companies can also get noted with some conditions
SEBI's new policy led the way for the listing of the new-age technology firms like Paytm and Zomato that have a history of loss-making.
