IPO From this point of view, this year is going very well. Amidst the ongoing historic boom in the stock market, many small and big companies of the country are coming out with IPO to raise funds. Recently, in just one day, 13 companies have filed papers with the stock market regulator SEBI for approval of IPO. The total size of IPO of all these 13 companies is said to be around Rs 8000 crore. So far this year i.e. 2024, 62 companies have come up with their IPOs. These 62 companies have raised a total fund of Rs 64,000 crore through IPO. Here we will know about the 5 biggest IPOs in the history of India.
IPO market is much ahead in 2024 as compared to 2023
You will be surprised to know that last year i.e. in 2023, a total of 57 companies had IPOs, which together raised Rs 49,436 crore. As compared to last year, 29 percent amount has been collected so far this year. But now these figures are going to be much bigger. Yes, this year IPOs of 3 big companies – Hyundai Motor India, Swiggy and NTPC Green Energy are going to come. After which the IPO figures this year will not only create a new record but will also register their name in history.
5 biggest IPOs in Indian history
- GIC i.e. General Insurance Corporation is a government insurance company, whose IPO came in the year 2017. The size of the IPO of this government company was Rs 11,256.83 crore.
- The IPO of Anil Ambani’s company Reliance Power came in the year 2008. Reliance Power had raised Rs 11,700 crore from its IPO.
- Government coal company- Coal India had raised Rs 15,200 crore from its IPO. Coal India’s IPO came in the year 2010.
- The IPO of the giant fintech company Paytm, which is currently facing many problems, came in the year 2021. This company had raised Rs 18,300 crore through IPO.
- LIC’s IPO came in the year 2022. India’s largest and government insurance company had raised Rs 21,000 crore from its IPO.
This new name may be included in the list
However, a big name is going to be included in this list. The special thing is that this new name can occupy the top i.e. first position in this list. Yes, the IPO of Hyundai Motor India, the Indian subsidy company of South Korean automobile company Hyundai Motor Company, can reach the first place in this list. Actually, it is being said in different reports that the IPO of Hyundai Motor India can be worth Rs 25,000 crore.
