IPO boom in stock market, 272 companies got listed last year

The Indian stock market is currently running around its all-time high. In such a situation, many companies are trying to capitalize on it by bringing their IPO (Initial Public Offer).

According to the latest report of capital market regulator SEBI, during the last financial year 2023-24, a total of 272 companies brought IPOs and got listed in the stock markets. During the financial year 2022-23, the number of such companies was 164.

SEBI says that the boom in the secondary market, enthusiasm of retail investors, and strong institutional inflows have created an environment for new listings. According to Jagran, India has received foreign investment of Rs 3.4 lakh crore during the last financial year. This is the highest foreign investment in any single financial year since 1992-92.

During the financial year 2022-23, foreign investors had withdrawn Rs 40,936 crore from the Indian markets. SEBI said that foreign investment is very important for emerging economies like India and India has received extraordinary foreign investment during 2023-24. At present, the total investment of foreign portfolio investors (FPIs) in equities is Rs 64.2 lakh crore.

The average time taken to bring an IPO after approval of market regulator SEBI was 137 days in 2022. It came down to 123 days in 2023 and 81 days so far in 2024. According to the rules, any company can launch its IPO within one year of getting SEBI's approval.

But, to take advantage of the boom in the market, companies are trying to launch an IPO as soon as possible after SEBI's approval. To launch an IPO quickly, companies are also doing the necessary preparations in advance, which earlier they usually do after the IPO.