India Inc. Raises Record $9.7 Billion via IPOs in 9M2021

5 August 2022
4 mins read
India Inc. Raises Record $9.7 Billion via IPOs in 9M2021

The primary capital market has been experiencing an outstanding year, with 43 mainboard companies launching public issues so far. These initial public offerings have raised an amount of about $9.7 billion in a period of nine months.

Considering the time frame, this record-setting amount is the highest ever in the past 20 years. In native currency, this amount translates to Rs. 78520 crores.

Let’s take a closer look at the details of the matter.

A Detailed Look at the Main Board IPOs

In the third quarter of 2021 (July-September), Zomato took the first spot by raising Rs. 9375 crores via its initial public offering. This amount is also the highest one in the current calendar year.

Nuvoco Vistas Corporation took the second spot by raising a fund of Rs. 5000 crores, followed by Chemplast Sanmar with Rs. 3850 crores.

Here is a list of the business entities and the funds they raised so far.

Business Entity Fund Raised via IPO (Rs. in crores)
Zomato Ltd. 9375
POWERGRID Infrastructure Investment Trust InvIT 7734.99
Sona BLW Precision Forgings Ltd. 5550
Nuvoco Vistas Corporation Ltd. 5000
Indian Railway Finance Corporation Ltd. 4633.38
Chemplast Sanmar Ltd. 3850
Brookfield India Real Estate Trust REIT 3800
CarTrade Tech Ltd. 2998.51
Aptus Value Housing Finance India Ltd. 2780.05
Aditya Birla Sun Life AMC Ltd. 2768.26
Macrotech Developers Ltd. 2500
Krishna Institute of Medical Sciences Ltd. 2143.74
Vijaya Diagnostic Centre Ltd. 1895.04
Devyani International Ltd. 1838
Clean Science and Technology Ltd. 1546.62
Glenmark Life Sciences Ltd. 1513.6
Sansera Engineering Ltd. 1282.98
Krsnaa Diagnostics Ltd. 1213.33
Indigo Paints Ltd. 1176
Kalyan Jewellers India Ltd. 1175
Home First Finance Company India Ltd. 1153.72
G R Infraprojects Ltd. 963.28
Shyam Metalics and Energy Ltd. 909
Craftsman Automation Ltd. 823.7
RailTel Corporation of India Ltd. 819.24
India Pesticides Ltd. 800
Anupam Rasayan India Ltd. 760
Rolex Rings Ltd. 731
Heranba Industries Ltd. 625.24
Laxmi Organic Industries Ltd. 600
MTAR Technologies Ltd. 596.41
Nazara Technologies Ltd. 582.91
Suryoday Small Finance Bank Ltd. 582.34
Ami Organics Ltd. 569.64
Dodla Dairy Ltd. 520.18
Easy Trip Planners Ltd. 510
Tatva Chintan Pharma Chem Ltd. 500
Barbeque Nation Hospitality Ltd. 452.87
Stove Kraft Ltd. 412.63
Windlas Biotech Ltd. 401.54
Paras Defence And Space Technologies Ltd. 170.78
Exxaro Tiles Ltd. 161.09
Nureca Ltd. 100
Total 78,520.07

Know about the SME IPOs

Another 43 firms issued their initial public offers in the SME segment between January 2021 and September 2021. Their public offering raised an accumulated amount of around Rs. 551 crores.

Here is a list of the SME business entities and their IPO size till date.

Business Entity Fund Raised via IPO (Rs. in crores)
Aashka Hospitals Ltd. 101.64
Rangoli Tradecomm Ltd. 45.15
Markolines Traffic Control Ltd. 40
Ashapuri Gold Ornament Ltd. FPO 30.02
Pavna Industries Ltd. 29.7
Prevest Denpro Ltd. 26.61
Dynamic Services & Security Ltd. 24.13
V-Marc India Ltd. 23.4
Jainam Ferro Alloys (I) Ltd. 19.61
EKI Energy Services Ltd. 18.6
CWD Ltd. 18.01
Quadpro ITeS Ltd. 14.1
Network People Services Technologies Ltd. 13.7
Shri Venkatesh Refineries Ltd. 11.71
Knowledge Marine & Engineering Works Ltd. 10.12
Adeshwar Meditex Ltd. 9.75
Samor Realty Ltd. 8.06
Party Cruisers Ltd. 7.75
Walpar Nutritions Ltd. 6.6
AA Plus Tradelink Ltd. 6.48
Rex Pipes and Cables Industries Ltd. 6.24
Destiny Logistics & Infra Ltd. 5.39
Getalong Enterprise Ltd. 5.18
Gretex Corporate Services Ltd. 5.13
Jetmall Spices and Masala Ltd. 4.98
Abhishek Integrations Ltd. 4.95
Siddhika Coatings Ltd. 4.7
Navoday Enterprises Ltd. 4.61
DU Digital Technologies Ltd. 4.49
Bombay Metrics Supply Chain Ltd. 4.29
Times Green Energy (India) Ltd. 4.05
Rajeshwari Cans Ltd. 4.03
Naapbooks Ltd. 3.99
BEW Engineering Ltd. 3.97
Platinumone Business Services Ltd. 3.89
MRP Agro Ltd. 3.24
SBL Infratech Ltd. 2.37
NIKS Technology Ltd. 2.01
Adishakti Loha and Ishpat Ltd. 2
ADJIA Technologies Ltd. 2
Promax Power Ltd. 1.6
Focus Business Solution Ltd. 1.22
Kuberan Global Edu Solutions Ltd. 1.12
Total 550.59

Bottom Line

In the secondary market, Nifty and Sensex have hit record highs because of this IPO frenzy. Both Nifty50 and Sensex have surpassed 18000 and 60000 levels, respectively in recent times.

Experts have analysed this data and are positive on the IPO market since this phenomenon might attract even more investors.

 

Frequently Asked Questions

  1. How many companies raised funds in the third quarter of 2021?

20 companies issued public offers and raised funds in the third quarter of 2021.

  1. How much was raised in the mainboard segment between July 2021 and September 2021?

Between July 2021 and September 2021, total funds of Rs. 39,559 crores were raised.

  1. What is the face value of Zomato shares?

The face value of Zomato shares is Rs. 1 per share.