The initial public offering (IPO) season in the Indian stock market appears to be picking up steam by the month, with more companies lining up to list on Indian stock exchanges later this year. According to SEBI, at least 35 businesses have filed paperwork to undertake IPOs by December 2021.
In the first nine months of the year, 42 IPOs were launched, raising around ₹670 billion in the Indian stock market.
This month, the IPO season has returned with a bang, with more than eight firms ready to go public. The first week of November itself will witness companies raising a total of ₹6,634 crores approximately. At the same time, the beauty and fashion e-commerce start-up Nykaa, valued ₹5,352 crores in issue size, has launched its IPO on October 28 and will conclude on November 3.
Here’s presenting our Monthly Snapshot for October 2021. Our newsletter takes a deep dive into the global scenario, Government policies, Indian start-ups raising funds, important sector updates, the performance of various asset classes, and much more.
Contributed by: Team Leveraged Growth