Greetings, dear friends who are interested in finance! If you have been following the IPO (Initial Public Offerings) in India’s stock market, then 2024 is, indeed, a roller coaster ride. Since so many firms have been established, it is about time to find out what is new at the moment. So get yourself the beverage of your choice and let’s discuss the latest trends in IPO market of India!
What’s the Buzz in the IPO Market?
As of November 2024, Indian IPO market has 269 IPOs that have mobilised about $9.4 billion of IPO proceeds. Yep, you read that right! This year has been something else, we increased our offering by 73% compared to last year. There appears to be no shortage of people clamouring to get involved in this process!
Quick Stats:
Total IPOs in 2024: 269
Total Money Raised: $9.4 billion
Year-on-Year Growth: Volume +73%, Proceeds +134%
Global Impact: India now accounts for 12% of global IPO proceeds—how cool is that?
Who’s Making Waves?
Oh, that’s not all, there is even more to look forward to. The fourth quarter is shaping quite well with many big boys ready to enter the market. Swiggy, Hyundai Motor India, and Vishal Mega Mart are likely to give an IPO which will make headlines. The company needs to mobilise about $3.3b to be exact – that means Hyundai could probably create the biggest IPO in India’s history – wow!
Recent Highlights:
Swiggy: Just launched on November 13, raising ₹11,327 crores!
Ola Electric: A rising star in the electric vehicle game.
Bajaj Housing Finance: This one has been a crowd favourite.
What’s Fueling This Surge?
So, what’s behind this IPO frenzy? Let’s break it down:
Strong Economy: India’s economy has been feeling pretty good in recent years, and investors feel good about investing in new enterprises.
Retail Investors Are In: The Demat accounts have been popular in the financial year 2020, which stands at 4 crores, and went to 17.5 crores in financial year 2024! That increases the number of persons managing to get into the stock market and it is positive.
Government Support: The desire to have fully digital businesses is providing startups with quite a lot of chance to operate through public offerings.
Sector Highlights: Real estate and technology are driving the revolution. Shares in real estate companies alone have mobilised ₹13,500 crores this year because demand for homes and offices is rising.
What Should Investors Keep in Mind?
With all this excitement comes both opportunities and some risks:
High Returns Potential: Some few companies that recently went for their IPO have experienced as much as over 100% for the gainer! Ain’t that sweet music to any investor's ears!
Watch Out for Volatility: There is no listing that has been without some hitches on its debut days regardless of the company. Therefore, getting your research done before you dive in is critical.
What Lies Ahead?
Further down the line, many professionals are confident in saying that the Indian IPO market remains red-hot! We anticipate a lot of movement from both technology players, renewable energy, companies that are in the e-commerce business. Plus, with big players anticipating IPOs in the future, there is a lot more to come soon.
What to Watch For:
Continued focus on digital innovation.
More unicorns are making their way to public markets.
Growing interest in sectors like cloud computing and electric vehicles.
Wrapping It Up
The IPO market in India in 2024 is already looking to be an incredible ride for both new companies and those who invest in them. This coupled with strong economic fundamentals and a vibrant market environment there is no better time to be involved. As we move forward to more listings and opportunities, let’s keep ourselves updated and be prepared to invest wisely together!
Comments