Upcoming IPO: The primary market is expected to boom in the next month. At least 10 companies are planning to raise Rs 20,000 crore through Initial Public Offering (IPO) in the month of December. This includes big companies like Vishal Mega Mart and International Gemmological Institute (India) Ltd.

IPO activity will increase in December

According to merchant bankers, 10 companies are preparing to launch their IPOs in December, including supermarket Vishal Mega Mart, and Blackstone-owned diamond grading company International Gemological Institute (India) Ltd. Apart from this, education-focused NBFC Avanse Financial Services, TPG Capital-backed Sai Life Sciences, hospital chain operator Paras Healthcare, and investment bank DAM Capital Advisors will also make their offerings in December.

Companies from various sectors will be involved.

These IPOs will be of different sectors and sizes. These include both issuance of new shares and offer for sale (OFS). Through IPO, companies are planning to raise funds for expansion plans, repay debt, and support working capital requirements.

Vishal Mega Mart will raise Rs 8,000 crore.

According to the IPO documents, Vishal Mega Mart plans to raise Rs 8,000 crore. This will be entirely through an offer for sale (OFS) from promoter Samayat Services LLP.

International Gemological Institute (India)

The company, backed by Blackstone subsidiary BCP Asia II TopCo Pte Ltd, will have an IPO of Rs 4,000 crore. This will include fresh shares worth Rs 1,250 crore and an offer for sale worth Rs 2,750 crore.

Avanse Financial Services

The company is aiming to raise Rs 3,500 crore, which will include fresh shares worth Rs 1,000 crore and OFS of Rs 2,500 crore.

Other companies will also come forward.

Diagnostics chain Suraksha Diagnostics, packaging equipment maker Mamta Machinery, and Transrail Lighting will also launch their IPOs next month.

75 IPOs have raised Rs 1.3 lakh crore so far in 2024

This year, companies like Hyundai Motor India, Swiggy, NTPC Green Energy, Bajaj Housing Finance, and Ola Electric have collectively raised about Rs 1.3 lakh crore through their IPOs.

In 2023, 57 companies had raised Rs 49,436 crore, while in 2024 this figure has been much higher so far.

IPO investors got a 27% average profit

IPO investors have earned an average profit of 27% in the last five financial years. A total of 236 IPOs were launched between FY 2020-21 to 2024-25, which saw this average profit on the day of listing.

Activity will increase further in the coming months

More than 30 IPOs are expected to launch in the coming months, which will bring more activity to the market.