Upcoming IPOs in FY25: From Swiggy to Ola Electric to Tata Play, heres 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.
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.
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