Upcoming IPO: There will be a flood of IPOs in the next two months, Rs 60000 crore will be at stake

Stock Market: The stock market will be buzzing with IPOs in the year 2024. During this period, we saw the entry of many big IPOs in the market including Bajaj Housing Finance and Ola Electric. But, the real thrill of the IPO market is yet to come. Now in October and November, IPOs of many big companies are going to enter the stock market. Through these, an effort will be made to raise about Rs 60 thousand crores from the market. Big companies that have launched IPO include Hyundai Motor India, Swiggy and NTPC Green Energy.

These big companies can also enter

Companies like Afcons Infrastructure, Waaree Energies, Niva Bupa Health Insurance, Mobikwik and Garuda Construction can also enter the stock market. According to the report of Hindustan Times, around 30 IPOs from different sectors may come by December. The success of most of the IPOs in the last one year has excited other companies as well. Not only domestic but also foreign investors are investing a lot of money during this period. In such a situation, companies are finding this to be the most appropriate time to expand their business.

Hyundai Motor India may leave LIC IPO behind

The biggest IPO among these could be that of Hyundai Motor India. The company can bring an issue of about Rs 25 thousand crores. With this it will become the largest IPO in the country. Till now, LIC India’s IPO of Rs 21 thousand crore is considered to be the biggest. However, it will be completely offered for sale. Apart from this, Swiggy is also preparing for an IPO larger than Rs 10 thousand crore.

62 companies raised Rs 64 thousand crore from IPO

On the other hand, NTPC Green Energy is also preparing for an IPO worth about Rs 10 thousand crores. It may come in November. The IPO of Afcons Infrastructure of Shapoorji Pallonji Group will be worth around Rs 7000 crore. Vari Energies can also launch an IPO of Rs 3000 crore in the market. The IPO of Niva Bupa Health Insurance will be around Rs 3000 crore and that of MobiKwik will be worth Rs 700 crore. So far this year, 62 companies have launched IPOs worth Rs 64,000 crore in the market. In the year 2023, 57 companies had launched IPOs worth Rs 49,436 crore. This figure may increase further in the year 2025.

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