look news india
Ahmedabad: In the first half (April-September) of financial year 2025 by issuing shares worth Rs. 1.55 lakh crore was collected. Which is 2.2 times more than the same period last year. Through an initial public offering (IPO) of Rs. There was a collection of Rs 56,340 crore, which is almost double the figure of the last financial year.
Analysis of Prime Database shows that through Qualified Institutional Placement (QIP) Rs. The collection was Rs 66,250 crore, which is 2.7 times more than the same period last year. Equity fund raising has been favored amid a broader rally in the markets. The Nifty index rose 15.6 times in H1FY25, while the Nifty Midcap 100 and Nifty Smallcap 100 gained nearly 25 per cent during the period.
The IPOs received an overwhelming response due to their strong post-listing performance. The average return on listing (based on closing price on the date of listing) increased from 28.65 per cent to 34.28 per cent in H1 2023-24. Out of total 38 IPOs, 30 have given returns of more than 10 percent.
Many companies are in the queue for IPO. Of the Rs 72,000 crore, 26 companies have received SEBI approval while 55 companies are awaiting approval and about Rs. Wanted to raise Rs 89,000 crore. Three of these new generation companies are worth around Rs. Wanted to raise Rs 13,000 crore. Unless something unexpected happens, this year could be a record for IPOs.
There was abundance of IPOs on SME platforms also. During the first half of the year, 143 SMEs raised approximately Rs. Gathered. Rs 5,000 crore was raised, while Rs 96 crore was raised from IPOs in the same period last year. Rs 2,724 crore is more than 83 percent. The average profit on listing of SME IPOs has increased from 41 percent last year to 63 percent.