2022 - Year Of IPOs? Companies Estimated To Raise Rs 2 Lakh Crore This Year

2022 is set to be the greatest year till now for Indian initial public offerings (IPOs) as the total collections by the companies going public is set to be around Rs 2 lakh crore, the Hindu Business Line reports.

This figure will make the projected mop-ups from this year around 35 per cent higher than the Rs 1.31 lakh crore gathered by the IPOs of 65 companies in 2021.

Both the new-age technology companies and some seasoned bigwigs are expected to enter the primary market in this calendar year.

Around 35 companies have already received approval from the Securities and Exchanges Board of India (SEBI) to go public in 2022.

Collectively, they are expected to raise Rs 50,000 crore from the market whereas another 33 companies are awaiting the regulator’s approval to garner Rs 60,000 crore together.

A large part of the anticipated collections is set to come through the Life Insurance Corporation (LIC) IPO from which the government expects to raise somewhere between Rs 70,000 crore-Rs 1 lakh crore.

Even the National Stock Exchange (NSE) could go public this year with a substantial offering of around Rs 10,000 crore. Other companies that are due to launch their IPO in 2022 include Adani Wilmar, Emcure Pharma, GoAir, Gemini Edibles, etc.