Upcoming IPOs in FY25: From Swiggy to Ola Electric to Tata Play, here's what to expect from IPO market

Upcoming IPOs in FY25:The primary market is once again set to be quite busy as a bunch of public offers are slated to open in FY2024-25. Raising funds through initial public offerings (IPOs) will again be a buzzing activity on D-Street in FY25 as 56 companies are set to raise Rs 70,000 crore.

Nineteen firms have already got a nod from the Securities and Exchange Board of India (SEBI) to raise a substantial Rs 25,000 crore, whereas 37 are waiting for Sebi's approval.  

Upcoming IPOs in FY25: IPO pipeline

From Ola Electric to Swiggy, as many as nine new-age companies plan to raise Rs 21,000 crore from IPO in FY25. Here is a list of companies with their respective estimated IPO sizes (crore):

Swiggy IPO: Rs 8,300

Ola Electric IPO: Rs 5,500

Indegene IPO: Rs 3,200

Waaree Energies IPO: Rs 3,000

Tata Play IPO: Rs 2,000-2,500

GoDigit General Insurance IPO: Rs 1,250

Arkade Developers IPO: Rs 430

DEE Piping IPO: Rs 325

CJ Darcl IPO: Rs 340

Meanwhile, the first public offer of the new financial year- Bharti Airtel subsidiary Bharti Hexacom's initial public offering (IPO), which opened for subscription on Wednesday, April 3, concluded on April 5.

IPOs in FY24: A recap

The number of IPOs launched in FY24 was the highest in 16 years. From these IPOs, 77 companies raised Rs 67,500 crore from the market.

IPO in FY24: Highlights 

From various IPOs that opened in FY24, 13 stocks have doubled their issue price so far. On the other hand, a total of 54 stocks are trading above their issue price.

IPO action in the last 2 years

In FY24, companies raised Rs 67,500 crore through the IPO market against Rs 37 52,116 crore raised in FY23.

For all other news related to business, politics, tech and auto, visit Zeebiz.com.