IPOs have long been regarded as a watershed moment for any private company, determining the company's long-term viability for its investors. Private companies' initial public offerings (IPOs) that are listed on a stock exchange are known as initial public offerings (IPOs). They are stock that the general public and investors can purchase. Initial public offerings (IPOs) have long been a popular investment option for many people. They're always in the news, and the companies that provide them are always huge. Every year, a large number of large corporations issue initial public offerings (IPOs), and this year was no exception. Companies are issuing initial public offerings (IPOs) in India as well.This fiscal year has seen a surge in IPOs, with some of India's largest companies ranking higher. Zomato and HDFC, for example, have done well.
The following is a list of India's biggest initial public offerings (IPOs) in 2021.
Coal India
Coal India is the world's largest coal miner, which is why when it went public in 2010, investors flocked to the stock. The state-owned miner raised 15,199 crore rupees in its initial public offering, making it India's largest at the time. I say at the time because Paytm's IPOs of 18,300 crore rupees will soon break the record.
General Insurance Corp of India
General Insurance Corp of India is a nationalized reinsurance company based in India that went public in 2017. In its initial public offering, the company raised 11,257 crore rupees, placing it second only to Coal India.
SBI card and payment services
Because the State Bank of India, which owns SBI Cards, is India's largest lender, it's no surprise that their IPO ranked higher. In 2020, it raised a total of 10,341 crore rupees.
Reliance Power
Reliance is one of India's largest corporations, and the Ambani, its owners, are the country's wealthiest family. People have long trusted the Ambani family, which is why Reliance Power's initial public offering (IPO) in 2008 raised a record-breaking 10,123 crore rupees.
New India Assurance
The New India Assurance Company, based in Mumbai, Maharashtra, is a nationalized general insurance company. In 2017, the state-run company made history by raising 9,586 crore rupees in an initial public offering (IPO).
Expected IPOs in 2022
LIC
In India, the Life Insurance Corporation of India (LIC) is a well-known government-managed life insurance company. The company expects to complete its initial public offering (IPO) proposal by the end of the current fiscal year. The LIC IPO is expected to raise Rs.1 lakh crore, making it India's largest ever IPO.
NSE
The market capitalization of the National Stock Exchange (NSE) is estimated to be around Rs. 2 lakh crore. This year, India's largest stock exchange is expected to go public, with a share sale raising Rs 10,000 crore.
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India’s Biggest IPOs of 2021, Initial Public Offers, Initial Public Offers, General Insurance Corp of India,
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