IPO News: In Samvat 2077, 48 IPOs raised96 thousand crores, this time the eyesof investors are here
- ByStartupStory | November 6, 2021
96,145 crore was raised through 48 IPOs in the primary market in Samvat 2077. Now even in Samvat 2078,the eyes of investors are on some big companies. These include Paytm and LIC.
Savant 2077 has been very busy. Along with this, the investors have also got bumper earnings. Despite some corrections in this Samvat, there was a strong rally in the secondary market, while Rs 96, 145 crore was raised in the primary market through 48 IPOs.
Now even in Samvat 2078, the eyes of investors are on some big companies. It is worth noting that this time many well-known companies are bringing their IPO. These include the IPO of more than 18 thousand crores of digital payment giant Paytm.
Zomato’s IPO was the biggest:
The second half of the financial year or Savant 2077 saw a tremendous impact of the IPO in the primary market.Zomato proved to be the biggest public issue ever.It raised Rs 9,375 crore through IPO. After thatPOWERGRID Infrastructure Investment Trust raised Rs 7,735 crore through its IPO, Gland Pharma raised Rs 6480 crore,Nuvoco Vistas Corporation raised Rs 5,000 crore through IPO. Looking at the IPO market, out of 48IPOs that came in Sawant 2077, 35 were those that traded above their issue price, while 15 of these Is proved to be multibaggers.
Samvat 2077 was also special for the stock market,
Sensex was seen crossing the level of 60,000 in Savant 2077.At the same time, Nifty also crossed the 18000 level for the first time. During this period, the Sensex has given a return of 37percent and the Nifty 40 percent. BSE Midcap and Smallcap have given returns of 61.6 percent and 81 percent respectively during this period.Experts believe that like Savant2077, 2078 will also prove to be very good for the primary market. However, he has advised that before investing money in any IPO, it is very important to investigate that company thoroughly.It is worth noting that there are many IPOsin the line which have huge potential. These especially include big names like LIC, Paytm.
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