Make It Rain!
The next 2 months look like they're going to be really interesting for people looking to invest in IPOs.
CNBCTV18 reports that around 30 new public offerings are planned in October-November, and these companies will be looking to raise a combined Rs 45,000 crores!
There are quite a few tech startups in this list too - Policybazaar (Rs 6,017 crore), Emcure Pharmaceuticals (Rs 4,500 crore), Nykaa (Rs 4,000 crore), CMS Info Systems (Rs 2,000 crore) and MobiKwik Systems (Rs 1,900 crore) are some of them.
In addition, Northern Arc Capital (Rs 1,800 crore), Ixigo (Rs 1,600 crore), Sapphire Foods (Rs 1,500 crore), Fincare Small Finance Bank (Rs 1,330 crore), Sterlite Power (Rs 1,250 crore) RateGain Travel Technologies (Rs 1,200 crore) and Supriya Lifescience (Rs 1,200 crore) may also float their IPOs during these 2 months
Well with the way markets are booming and we're seeing new highs almost every day, it's not surprising that companies want to take advantage of the conditions and raise some money themselves.
It's like winning the toss and choosing to bat first in a Chennai test match - not many will question the decision.
Disclaimer: This is not a recommendation to buy/sell/subscribe to any security offering. Please consult a certified investment advisor before making any decision.