IPOs in FY21: 30 companies raised Rs 31,277 crore through IPO, 32 IPOs to be launched in FY22

A total of 30 companies brought their IPO in FY21 and these companies raised Rs 31,277 crore from the primary market through IPO.

After FY2018, companies have raised the most funds through IPO in this financial year i.e. FY21. A total of 30 companies brought their IPOs in FY21 and these companies raised Rs 31,277 crore from the primary market through IPOs. While 13 companies raised Rs 20,352 crore through IPO in FY20.

Similarly, in FY19, 14 companies raised Rs 14,719 crore through their public issue. Through the IPO, more than FY21 fund companies raised funds in FY18. A total of 45 companies launched their IPOs in FY 2107-18 and these companies managed to raise Rs 82,000 crore.

Gland Pharma brought out the largest IPO in FY 2020-21. The company raised Rs 6480 crore from its IPO. Subsequently, Indian Railway Finance Corporation (IRFC) raised Rs 4633 crore, CAMS raised Rs 2240 crore and UTI Asset management company Rs 2160 crore.

In FY21, several companies such as Angel Broking, Kalyan Jewelers, Rossari Biotech, Home First Finance Company, RailTel Corporation, Barbeque Nation and Sunrise Finance Corporation launched IPOs. In terms of subscriptions, MTAR Tech’s public issue was the highest subscribed 200 times this financial year. At the same time, the IPO of Mrs Bectors Food was subscribed 198 times.

The other 8 IPOs subscribed more than 100 times. These include IPOs of Burger King, Mazgaon Dock Shipbuilders, Happiest Minds, Laxmi Organic Industries, Najara Technologies, Easy Trip Planners, Indio Paints and Chemcon Specialty Chemicals.

In just 3 months of the year 2021, companies have raised more than 2.2 billion dollars i.e. more than 16,000 crore rupees through public issue. That is, it is the largest amount raised by Indian companies through IPO in the first 3 months of any year in the last 13 years after 2008.

Let us tell you that last year i.e. in the year 2020, Indian companies raised $ 9.2 billion through various types of public issues. Market experts say that foreign institutional investors (FIIs) and new retail investors have invested heavily in IPOSs in the last 1 year, raising funds through IPOs after India American (US) and China (China) in 2020. Stood at number three.

32 IPOs will be launched this year

The stock market soared to record highs from the second half of the year 2020 due to huge amount of FIIs inflows, strong corporate earnings and huge increase in spending by the central government, due to which more and more companies are bringing in IPOs this year. Funds can be raised by taking advantage of the bullish market. At least 32 IPOs are in the pipeline in FY22.

18 companies approve IPO

To launch IPO in FY22, many companies like LIC, HDB Financial Services, NCDEX, ESAF Small Finance Bank, Jomato will be launching IPOs. Market regulator SEBI has approved 18 of these companies to launch IPOs, while 14 companies are awaiting SEBI approval to launch IPOs. These 32 companies are awaiting approval. These 32 companies will launch an IPO of Rs 41,000 crore.

Premium listing of these IPOs in FY21

This financial year some companies like SBI Cards, IRFC, Amupam Rasayan have been listed at a discount, if not more than 90% of IPOs have been listed at a premium. This financial year Burger King returned 131% on its listing day itself. At the same time, Happiest Minds returned 123% and Indigo Paints 109% on Listing Day. At the same time, a total of 19 IPOs were listed at double digit premium in FY21.