In the coming time, tremendous action will be seen in the primary market. About a dozen companies have sent proposals to market regulator SEBI to bring IPO. The list of these dozen companies includes companies like Vikram Solar, Aditya Infotech and Varindera Constructions. These firms are planning to raise about ₹ 8,000 crores from the market through IPO. These IPOs are of different sectors, deal size, fresh issue and offer for sale (OFS). SEBI has this proposal at a time when tremendous action is already being seen in the primary market.
So far this year, about 62 companies have raised ₹ 64,000 crore through IPOs from the mainboard segment. Last year i.e. in 2023, 57 companies have raised ₹ 49,436 crore through IPOs. In this way, there will be a growth of 29% this year on an annual basis.
Why tremendous action in the primary market? Due to many factors, such tremendous momentum is being seen in the IPO markets. This action is being seen in the IPO markets on the basis of improved macroeconomic conditions, positive momentum in many sectors and acceptance of new ideas among funds. Strong inflow was also seen in domestic mutual funds. Experts say that unless there is any unforeseen event that affects the global economy and markets, then there is a great momentum in the IPO market in 2025. These companies applied to SEBI Apart from Vikram Solar, Aditya Infotech and Varindera Constructions, Ajax Engineering, Rahee Infratech, Vikran Engineering, Midwest, Viney Corporation, Sambhv Steel Tubes, Jaro Institute of Technology Management and Research, All Time Plastics, Scoda Tubes and Dev Accelerator also applied for IPO on Monday. These companies are raising funds for expansion plans, repaying debt and meeting working capital needs, among other things. Vikram Solar, which makes solar modules, has proposed a fresh issue of ₹1,500 crore and sale of 1.74 crore shares. Aditya Infotech is preparing to raise ₹1,300 crore, which will include a fresh issue of ₹500 crore and OFS of ₹800 crore. Varindera Constructions is also preparing to bring an IPO with a fresh issue of ₹900 crore and OFS of ₹300 crore. Apart from all these companies, about half a dozen companies including Hyundai Motor India, Swiggy and NTPC Green Energy are going to launch IPO in the next 2 months. These companies are preparing to raise ₹ 60,000 crores through IPO.
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