By Admin 
Upcoming IPOs: If you are planning to earn profit through IPO, then the month of November is for you. On one hand, companies like Lenskart, Grow, Pine Labs and Physicswala are ready to be listed in the stock market. All these companies together are raising more than Rs 20,000 crore. At the same time, many new companies like Meesho, Boat, Shadowfax and Wakefit are in the queue to launch IPO.
Abhinav Bharti, India Equity Capital Markets Head, JP Morgan, estimates that new companies will raise Rs 30,000-40,000 crore through IPOs by November and December. Some bankers estimate that the figure may go beyond 40,000. With this, it has become the busiest month of the year for the primary market.
Increased activity in the country’s IPO market
Speaking to Times of India, Abhinav Bharti said, we hope that India will be the busiest IPO market in the Asia-Pacific region in the coming times, which will be led by startup companies. Kamraj Singh Negi, Managing Director, Investment Banking, Pantomath Capital Advisors, said that more than 20-25 startup companies can launch their IPO this year as compared to 2024.
Startup companies return home
He said that the thing that is promoting this race of startups IPO is that the companies are seeing profits in getting listed in the Indian stock market. The trend of companies settling in India is increasing again. Despite external challenges, domestic infrastructure is strong. After setting up headquarters abroad for many years, companies are now returning home.
The process of shifting the headquarters of these startups to India is going on rapidly. More than 500 startup companies are still registered in countries like America and Singapore. About 70 startup companies have already shifted to India for IPO. In this regard, now look at Paytm, which has returned to India from Singapore.
Why are companies returning to India?
In fact, companies are seeing better prospects in the primary market of the country and India’s economic growth prospects are also strong, hence they are shifting their headquarters from abroad to India. The government has also simplified the rules to promote startups. Earlier, a foreign company had to take approval from the National Company Law Tribunal (NCLT) to merge with its Indian unit. This process used to be quite lengthy, but now only RBI approval has to be taken.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
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