Business News : The phase of volatility continues in the stock market . Retail investors are suffering huge losses due to the turmoil in the market. However, its effect does not seem to be on the primary market i.e. IPO market. In the first week of August, four initial public offerings (IPOs) worth more than Rs 11,850 crore have come. This trend is expected to continue further. According to the data of Prime Database, 25 companies have got approval from SEBI to bring IPO. These companies are preparing to raise about Rs 22,000 crore from the market.
IPOs of these companies will come soon
Let us tell you that in the coming days, IPOs of Bajaj Housing Finance, Ashirvad Micro Finance, Premier Energies, Arcade Developers and Northern Arc Capital companies will come in the market. The two IPOs listed on Tuesday have made investors rich. This has restored the confidence of investors. Investors are not shying away from investing money in good companies in this market as well. That is why many IPOs are getting bumper subscription.
Why is the IPO market continuously booming?
Market experts say that the valuation of most companies in the stock market is high. That is, the stock price has reached a record high. Due to this, investors are preferring to invest money in the primary market. Mutual funds are also actively participating in IPOs. Ola Electric Mobility's IPO has been successful in the primary market in August. The issue size of this IPO was Rs 6,146 crore. Investment bankers believe that this shows that there is confidence in the market. The Ola Electric IPO comes at a time when equity markets around the world were under heavy selling pressure last week due to concerns over a possible recession in the US, the elimination of yen carry trades and geopolitical tensions in West Asia. Even domestic equities felt the pressure as the benchmarks - Sensex and Nifty 50 - witnessed a big decline.
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