Companies raised ₹62,000 crore from IPO in 8 months: 5 IPOs gave more than 100% return this year, 15 gave returns between 50% and 90%

So far this year, 57 Initial Public Offerings i.e. IPOs have come. During this period, companies raised a total of Rs 62,000 crore from the primary market. Last year i.e. in 2023, a total of 57 IPOs came during the entire year and companies raised Rs 49,400 crore from them. At the same time, August 2024 has been the best month in terms of fund raising through IPO. During this period, a total of 10 IPOs opened for subscription and companies raised funds worth Rs 17,000 crore from this. So far in September (September 12), 7 IPOs have opened and companies have raised a total of Rs 9,205 crore from this. The return of 15 IPOs was between 50% to 90% Out of the IPOs listed this year, 5 have given 100% more return than their IPO price. While there were 15 such IPOs whose return was between 50% to 90%. Out of the 57 IPOs that came this year, there were only 7 IPOs whose returns were much less than the price. This also includes those IPOs whose subscription has been completed but their listing is pending. The biggest IPO of the year Bajaj Housing Finance The biggest IPO of this year in terms of bid value was Bajaj Housing Finance. Its IPO received bids of more than three lakh crore rupees, while the total subscription was 67 times. After this, the IPOs with the highest bids were of Ola Electric and Bharti Hexacom. Earlier, two big IPOs opened in terms of value in 2021 and 2022. This included Paytm's IPO worth Rs 18,000 crore and LIC's IPO in 2022 worth Rs 21,008 crore. This year 45 IPOs have given positive returns to shareholders. Out of these, Jyoti CNC is the best performer, whose shares have risen more than three times the IPO price. Recently listed Unicommerce and Premier Energies are also included in this list, as they saw a strong surge within a few days of listing. Some of the IPOs that have given negative returns so far include Capital Small Finance Bank and Popular Vehicle. However, none of these IPOs have seen a decline of 50% or more from the listing price. What is an IPO? When a company issues its shares to the general public for the first time, it is called an Initial Public Offering i.e. IPO. The company needs money to expand its business. In such a situation, instead of taking a loan from the market, the company raises money by selling some shares to the public or by issuing new shares. For this, the company brings IPO.

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