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.

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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.

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