Upcoming IPOs to raise Rs.45,000 Crore in Oct-Nov

5paisa Research Team 5paisa Research Team 10th December 2022 - 11:46 am

The first 6 months of the fiscal year 2021-22 will end with collections of Rs.78,520 crore. If you exclude Birla Sun Life opening on 29th Sep as well as the Power Grid INVIT and the Brookefield REIT, still Rs.64,200 crore has been collected this fiscal. Investors will get a picture of the second half in the first two months of October and November.

The months of October and November will set the tone for the IPO collections in the rest of the year. Nearly 50% of the collections of the first half came in July and August with September being a relatively quiet month. It is now estimated that nearly Rs.45,000 crore could be raised across 40 IPOs in October and November. We are not counting the Rs.16,600 crore Paytm IPO, which could move to Dec-21 or Jan-22.

In October and November, you can expect a mix of digital and non-digital IPOs as under.

Digital IPOs	IPO Amount	Non-Digital IPOs	IPO Amount
Policybazaar	Rs.6,017cr	Emcure Pharma	Rs.4,500cr
Nykaa	Rs.4,000cr	CMS Infosystems	Rs.2,000cr
MobiKwik Systems	Rs.1,900cr	Northern Arc Capital	Rs.1,800cr
Ixigo	Rs.1,600cr	Sapphire Foods	Rs.1,500cr
RateGain Travel Tech	Rs.1,200cr	Fincare SFB	Rs.1,330cr
		Sterlite Power	Rs.1,250cr
		Supriya Lifesciences	Rs.1,200cr

The above table is just an illustrative list of some prominent names. In total, it is expected that 40 companies will be raising close to Rs.64,000 crore via IPOs in next 2 months. It will also set the tone for larger IPOs like Paytm as well as the divestment of LIC and BPCL in the Mar-22 quarter.

For now, this promises to be the best year for IPO collections in history, beating the record collections in the year 2017. However, the 2017 IPO boom was dominated by the mega insurance IPOs of GIC Re, New India Assurance, HDFC Life, SBI Life and ICICI Lombard. This time it is more of a technology driven IPO boom. It remains to be seen how enthusiastically the market is able to absorb the supply of larger IPOs. That will be the acid test.

Also Read:

1. List of Upcoming IPOs in 2021

2. Paytm IPO Update

3. 8 Interesting facts about Paytm