IPOs 2024: Swiggy, NTPC Green, and Hyundai Motors among 6 public issues over Rs 50,000 crore likely to hit primary markets by Diwali

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.

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.

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

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.