Three out of every four IPOs made profit

IPO investment: Gujaratis have been ahead in investing in the stock market. Due to the unprecedented boom seen in the stock market in the last 3 years and the returns investors get in the primary market on the day of listing in Initial Public Offering (IPO), Gujarat is now applying for IPO and is the first state in the country to do so. Has become. Apart from this, more investments are being made in IPOs from smaller cities of Gujarat, leaving behind cities like Hyderabad, Bengaluru or Delhi.

In terms of total inflows (total application amount, not allotments) in IPOs in the year 2021-22, Maharashtra tops the country with Rs 8.69 lakh crore and Gujarat ranks second in the country with Rs 88,819 crore. After this, in the year 2022-23, applications worth Rs 21,960 crore came from Gujarat against a total of Rs 32,887 crore from Maharashtra. But in 2023-24, Gujarat stood first with Rs 1,35,05 crore and Maharashtra stood second with Rs 94,617 crore.

9 cities of Gujarat are included in the 20 cities of the country that invested in IPO.

Mumbai is the financial capital of the country, despite being at the top in the country in terms of financial institutions and investors, Gujarat has now overtaken it. Mumbai still leads among the top cities in the country from where IPO investments come. But 9 cities of Gujarat are included in the top 20 cities with the highest share in the total investment in IPO. Apart from this, this list of top 20 cities also includes smaller centers like Surendranagar, Gandhinagar, Mehsana and Jamnagar.

There were a total of 7 cities in the year 2021-22 which has now increased to 9. Bhuj is no longer in the list of top cities but cities like Surendranagar, Jamnagar, Mehsana have been added. Available details further show that metro centers like Bangalore, Pune, Hyderabad or Chennai lag behind most of the cities in Gujarat in this list.

Three out of every four IPOs made profit

According to the available data for three years, companies raised money through a total of 166 public issues. In this IPO, on the day of listing, investors got compensation in those 120 companies whose listing price was higher than the issue price. When 46 had to suffer loss. Since three out of every four companies have delivered returns, investors consider surplus savings in the bank as an application to fill an IPO.

Attraction of higher returns than bank deposits

In the unprecedented boom seen in the stock market after Corona, more and more investors are coming to the secondary market – buying shares or mutual funds directly. In such a situation, it is also being seen that investors are coming to the stock market through IPO to get more returns by using the extra savings in the bank, which can give them a chance to earn huge profits at the time of listing of shares in the primary market. ,

Data from the year 2021-22 to 2023-24 show that Gujaratis are investing in public issues as soon as they get the opportunity for returns. The state’s bank deposits witnessed an increase of Rs 1.66 lakh crore in 2023-24 compared to 2023-23. In contrast, Gujaratis invested Rs 1.35 lakh crore in public issues alone. This year, a total of 76 issues came in the capital market and in 58 or 76 percent of those issues, investors got compensation on the day of listing.