Amid the flood of IPOs this year which even have delivered decent to fantabulous return for its investors, 6 more big IPOs are set to hit the Street by Diwali this year.
As has been seen calendar year has turned out to be the biggest year for the primary market with a number of issues hitting the street. Already, India Inc. has succeeding in amassing the amount as mopped last year as per reports.
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Further as per Zee Business research inputs, IPO pipeline worth Rs 50,000 crore is set to hit the primary markets by Diwali this year.
Going into the next month, public issues of Hyundai, Swiggy and NTPC Green are likely to be launched, while others including Afcons Infra ,Waaree Energies and One Mobikwik Systems will also be launched soon.
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Company Issue Size (cr) (E)
Hyundai Motors India 25,000
Swiggy 10,454
NTPC Green Energy 10,000
Afcons Infra 7,000
Waaree Energies 7,500
One mobikwik systems 700
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IPOs in 2024
So far in the current calendar year, India Inc. by launching 63 public issues has raised Rs 64,559 crore and until year end plans are to take this amount to Rs 1.2 lakh crore.
Furthermore, 25 companies have received SEBI’s go-ahead for IPOs worth Rs 63,550 crore.
The company in the previous year amassed Rs 49,436 crore by offering 54 publc issues.
