INSUBCONTINENT EXCLUSIVE:
Till November, 70 entities have brought out IPOs in the existing financial yearWhile it continues to rain preliminary public deals (IPOs)
for the past few months, what with the most significant concern of them all-- that of Life Insurance Coverage Corporation (LIC)-- set to
arrive towards the butt of this financial, already 70 entities have actually brought out their IPOs in 2021-22 till November 30, 2021
With nearly 4 months still left in 2021-22, the variety of public issues have actually already gone beyond previous fiscal's tally of 56
IPOs.According to the Financing Ministry, out of the 61 IPOs which had actually come out till October 2021 (not consisting of the nine
issues which had released in November 2021), 35 of them had an issue size of less than Rs 100 crore, 22 of them had problem size of equal to
or more than Rs 500 crore, while 4 of them had a concern size of Rs 100 crore to less than Rs 500 crore.Compared to this, in the financial
year 2020-21, out of the 56 IPOs which had actually come out, 28 of them were of listed below Rs100 crore concern size, while 22 IPOs were
of equal to or more than Rs 500 crore problem size
Six IPOs had an issue size of Rs 100 crore to less than Rs 500 crore.In the current financial year of 2021-22, the 61 IPOs which had come
out till October 2021, had raised Rs 52,759 crore
In 2020-21, the 56 IPOs had raised Rs 31,060 crore.Some of the significant IPOs which have actually come out in the past couple of weeks
alone, are those of Paytm, PolicyBazaar, Nykaa, Sapphire Foods and Latent View Analytics, among others.
