1st 10 months of 2021 saw a record Rs. 74000 crores raised through IPO’s
By end of 2021, its expected that around 1 Lac crores to be raised through IPO
3 of the 4 largest IPO’s were from loss-making Consumer – tech companies
Similar IPO frenzy was 1st seen during 1995, when Jan-95 saw 145 IPO issues with notable ones like – Reliance Capital, Essar Oil, Jindal Vijayanar, etc
Feb-95 also had 78 issues
FY 1994-95 saw 1400 IPO’s as compared to just 219 IPO issues during 1998 to 2001
In Feb 2008, saw the IPO of Reliance Power which raised 11563 crores, priced at Rs. 430, it surged to 538 at listing for few minutes to nose dive to 333. Thereafter, it never ever came back to the issue price