There will be a boom in the IPO market after the budget IPO market to boom after Budget: Companies to raise over Rs 55000 crore in next 3-4 months through IPO

Mumbai2 hours ago

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• Hyundai 18000, Bajaj Hau. 7000 crores can be collected

A strong condition can be seen in the primary market once again. Due to the strong condition of the equity market, 30-35 companies are holding IPO in the next three-four months. These companies can raise a whopping Rs 55,000 crore on an average from the market. With the return of the Modi government, investor confidence in the market has regained momentum. Now the focus is on the 100-day action plan. The market has loved everything so far.

This is the reason why Sensex has hit new highs of 76811 and Nifty at 23399. However, now all eyes are on the budget to be presented next month. Most of the companies are considering IPO after the budget. 18,000 crores of Hyundai Company and 7,000 crores of Bajaj Housing Fi. of Bajaj Group was indicated by IPO market expert Paresh Vadhani.

In the first six months of 2024 this year, 30 company IPOs took place
As for the calendar year 2024, so far 30 companies have had IPOs in the first six months. Together these companies have raised funds worth Rs.28200 crore. Talking about the calendar year 2023, only 9 companies had IPOs in the first half and raised funds of Rs.8070 crore.

More than 35 companies awaiting SEBI approval
According to the report, tremendous activity will be seen in the primary market in the coming week. More than 35 companies are awaiting IPO approval from SEBI. These companies will raise funds of over Rs.50000 crore. Companies will announce the IPO date keeping in mind the condition of the equity market.

A total of 57 companies had their IPOs in 2023
A total of 57 companies had IPOs in the calendar year 2023. These companies raised funds of Rs.49400 crore. The BSE IPO index has returned 17% in the first six months of 2024. In the first six months of 2023, this index has returned only 5%.

These companies are preparing to hold IPO
IPOs of companies like Ola Electric, Mcure Pharma, Mobiquik System, Bansal Wire are coming soon. In which Hyundai averages 18000 crores, Bajaj Housing Finance 7000 crores, Ola Electric Rs.7250 crores, Amcure Pharma Rs.5000 crores, Bansal Wires Rs.745 crores, Mobiquik Systems Rs.1500 crores, Wari Engineers Rs.3000 crores and Aswarwad Microfin Rs. .1500 crore IPO could fetch.

https://aiearth.us/there-will-be-a-boom-in-the-ipo-market-after-the-budget-ipo-market-to-boom-after-budget-companies-to-raise-over-rs-55000-crore-in-next-3-4-months-through-ipo/