Filing record of companies for IPO in August


MUMBAI: After the success of the market’s rapid growth environment and the initial public offering (IPO) of consecutive companies, companies have deposited drafted draft in the month of August. This may lead to a very good line of IPO in the coming months.

Capital market regulator, Indian Securities and Exchange Board (SEBI) data shows that in August month, a total of 10 companies have filed draft (DRHP) for bringing IPOs and the IPO size of these companies is also bigger. However, some of these companies can come in the IPO next month. The companies which have submitted the draft include HDFC Standard Life Insurance Company, Reliance Nippon Life Asset Management, Barbik Nation Hospitality, India Road Networks etc.

Similarly, other companies include Esther DM Healthcare, New India Assurance Company, General Insurance Corporation, Mahindra Logistics, Godrej Agrovet, SBI Life Insurance Company etc. Earlier in July, ICICI Lombard General Insurance, Khadim India had submitted the draft. Explain that among the above companies, insurers are going to raise the highest amount.

In the last few years, August is such a month in which many companies have submitted drafts for the IPO. Analysts in the market say that this year, good companies are bringing IPOs in the market, which will give investors good shares and also get good returns.

Talking about the previous calendar year, Rs 26,000 crore was raised through the IPO. Compared to this, 4 months remaining this year and the market is fast becoming intact. In 2010, only Rs 36,300 crores was collected. In this way, the record of 2010 will be broken this year. Analysts believe that in this year so far except a few IPOs, the rest have given better returns to the investors. Some IPOs have got double returns this year, so investors have made good money.

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