Stock Market Buzzing With Dozen IPOs This Month

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Mumbai, 10th July 2021: A great opportunity is coming for those who want to invest in the stock market. In July alone, initial public offerings (IPOs) of 11 companies are going to hit the market. This is the largest number of IPOs in any single month in 11 years. This year about two dozen companies have raised Rs 32,000 crores from the market. In July, more efforts will be made to raise Rs 31,000 crore from the market.

Talking about the applications that have come to the capital markets regulator SEBI, then in the next four-five months, IPOs worth 80 thousand crores can come from 40 companies. Investors will get an opportunity to invest in well-known companies like Zomato, Paytm, Ola, LIC. IPOs of Glenmark Sciences and Shriram Properties are also coming up this month.

SEBI is also cautious amid the increased commotion regarding IPO. In the past, some companies have run away by raising money from IPOs by taking advantage of the boom in the stock market. SEBI is now alert to not let such a situation arise. The investigation of companies has been tightened. In view of the IPO of startups like Zomato, Paytm, Policybazaar, the regulatory agency is being more cautious. The size of Zomato’s IPO is believed to be Rs 8000-9000 crore. This will be the biggest IPO after SBI Cards.