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In a Roller Coaster Fiscal, 70 IPOs Already by November, LIC Issue Coming Soon

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70 companies have brought IPO in the current financial year till November

While initial public offerings (IPOs) have been pouring in for the past few months, the biggest issue among them – Life Insurance Corporation (LIC) – is set to arrive by the end of this fiscal, with already 70 entities. Have come up with your IPO in 2021-22 by 30th November, 2021.

With about four months still left in 2021-22, the number of public offerings has already surpassed the number of 56 IPOs in the previous fiscal.

According to the Finance Ministry, out of the 61 IPOs that came out till October 2021 (not including the nine issues that were issued in November 2021), 35 of them had an issue size of less than Rs 100 crore, 22 of them had Was. Issue size equal to or more than Rs 500 crores, while four of them had issue sizes ranging from Rs 100 crores to less than Rs 500 crores.

In comparison, of the 56 IPOs that came out in the financial year 2020-21, 28 were of issue size of less than Rs 100 crore, while 22 IPOs were of equal or more than Rs 500 crore issue size. The issue size of the six IPOs ranged from Rs 100 crore to less than Rs 500 crore.

In the current financial year 2021-22 till October 2021, 61 IPOs had raised Rs 52,759 crore. In 2020-21, 56 IPOs had raised Rs 31,060 crore.

Some of the major IPOs that have come up in the last few weeks alone include Paytm, PolicyBazaar, Nykaa, Sapphire Foods and Latent View Analytics.

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