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IPOs in 2021: 2021 was when paytm’s ipo was overshadowed by that of Paras Defence & Space Technologies, and Zomato’s by Latent View Analytics. But what drew investors to these lesser-known, and even unknown, companies?
In comparison, 29 companies raised Rs 14,733 crore through initial public offerings (IPOs) during April-November 2020.
In 2022, the higher amount of funds through the primary market will be largely driven by the mega IPO of state-owned Life Insurance Corp (LIC).
A bunch of India's most valuable start-ups or new-age technology companies are now seeking to upend traditional performance/profit-based investment theses and allure investors to bet on their loss-making ventures on the public market.
The year 2021 was one of the most successful for IPOs in India as more than Rs 1.30 lakh crores was lapped up by 65 companies from primary markets