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....