Retail investors can look forward to big IPOs raising Rs 1.12 lakh cr


New Delhi, Jun 13 (IANS): Retail investors will get a chance to participate in good quality IPOs as several important names including LIC are on the upcoming IPOs list to raise as much as Rs 1.12 lakh crore.

According to market estimates, among the upcoming issues, insurance major, LIC is likely to launch a Rs 70,000-90,000 crore issue. The IPO list is dominated by the financial services sector.

Food delivery chain, Zomato will launch an Rs 8,250 crore IPO while private sector airline, Go First will launch a Rs 3,600 crore primary market issue.

Birla Sun Life Insurance is slated for a Rs 2,000 crore-Rs 24,000 crore issue while home loan company, Aptus will launch a Rs 3,000 crore issue.

Microfinance company, Arohan will launch a Rs 1700-1800 crore issue while Fincare Small Finance Bank is slated to launch a Rs 1300 crore issue.

Jana Small Finance Bank is estimated for a Rs 1200 crore issue while the largest franchisee of Yum Brands, Devyani International is set for a Rs 1400 crore issue.

 

 

  

Top Stories


Leave a Comment

Title: Retail investors can look forward to big IPOs raising Rs 1.12 lakh cr



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.