The Indian equity market has been in a gloomy mood for some time now. Amid the sluggishness in the market, the primary market is maintaining a strong trend. Despite the decline, many companies are taking the path of expansion. Swiggy's recently listed IPO has seen positive returns for investors. While the downward trend is going on in the equity. India is currently the world leader in bringing IPOs.
India accounted for 36% of the world's total listings in the July-September quarter of the current calendar year 2024. So much so that India even surpassed America in terms of IPO launches, which accounted for 13%. According to the report, the listing in the country's stock market during the third quarter of the year is the highest listing in any third quarter in the last 20 years. The main market saw 27 IPOs, up 29% from the third quarter of 2023. From this, the companies collected Rs.36,027 crore. Which is 142% more than the amount collected last year. The year 2024 is proving to be excellent for investors. In the equity market, Sensex and Nifty are getting an average return of up to 12 percent, while gold and silver are getting an average return of 14-15 percent, in the primary market too, investors are earning.
2024-75 in main board, 220 record IPOs in SME A total of over 295 IPOs have been held during the current year in which a total of 75 companies in the mainboard have raised an average of over 65000 crores while over 220 SME companies have raised over 5700 crores. Compared to the mainboard, SME IPOs have been more attractive to investors as SME companies have been at the forefront in providing returns. More than 45 out of 75 companies in Mainboard are getting positive returns while in SME more than 150 out of 215 companies are getting positive returns.
SME listing profits increased by 72 percent in five years The average listing profit on SMI IPO listings in 2019 was approximately 2%. Which has increased to 74% in the year 2024. Listing profits of manboard IPOs hit an all-time high in 2020. has since capped around 30%.
The number of demat accounts increased by 19 crore due to the IPO boom The year 2024 has already become the year of IPO. The creation of earning opportunity for IPO investors has attracted many new investors to invest in IPO so that the average opening of new demat accounts has reached 19 crores. Over 30 lakh new demats are being opened every month in some months.
Image Credit: (Divya-Bhaskar): Images/graphics belong to (Divya-Bhaskar).
