2 lakh crore IPOs in 2022
In the new year too, public issues will continue to boom. Kotak Mahindra Capital reports that public issues with a mobilization target of around Rs 2 lakh crore ($ 26 billion) are ready for next year. Of this, the IPOs of companies that have already applied for SEBI approval are worth $ 15 billion (Rs 1,12,500 crore), while those of companies that are preparing to apply to SEBI are worth $ 11 billion (Rs 82,500 crore).
So far in 2021, 65 companies have raised about Rs 1.35 lakh crore ($ 15.3 billion) through public issues. The public issue size has increased to an average of Rs 2,000 crore.
In 2020, companies raised only Rs 31,500 crore through public issues.
The number of public issues that have come up in the last three years, including the value of fundraising, is less than 2021.
By 2022, companies in the new technology, healthcare, real estate and specialty chemicals sectors are likely to go public.
Investment Bankers' fee collections exceed $ 100 crore for the first time. Increased by about 25 percent compared to 2020.
In the first 11 months of this year, the value of mergers and acquisitions increased by 4% to $ 118 billion. At the same time in 2020, it was $ 114 billion.
Private equity and venture capital firms have invested $ 58.3 billion in 968 companies domestically. This is about 10 times the value of the $ 4 billion investment of foreign portfolio investors (FPIs). Excluding investments in Reliance Retail and Geo, investments in 2021 will be higher than the total investments made by PEs in 2019 and 2020.
Filed draft documents with SEBI:
Market regulator SEBI has received draft documents seeking permission for Snapdeal's first public offering (IPO) on the e-commerce platform. The company said it intends to sell 3.07 crore shares on an offer-for-sale (OFS) basis, including the sale of fresh shares worth Rs 1,250 crore. According to market sources, the value of the company is expected to touch $ 150-170 crore (approximately Rs 11,250-12,750 crore) after being listed on the stock exchanges.
The founders of the company, Kunal Bhal and Rohit Bhansal, are not selling their shares in the IPO. OFS includes Starfish, Wonderful Stars, Sikhoya Capital, Kenneth Stuart Glass, Myride Opportunities Master Fund, Ontario Teachers' Pension Plan Board, Laurent Amulet, and Milestone. The company said it wants to take steps towards growth by increasing its logistics capacity and tech infrastructure with the newly raised funds. The IPO will be led by Axis Capital, Bank of America Securities India, CLSA India and JM Financial Book Running.
