THE GREAT INDIAN IPO BOOM

RELEVANCE
RELEVANCE
ECONOMIC GROWTH GOVERNMENT POLICY IMPACT
Signals confidence, stimulates investment, and Reflects effectiveness of policies supporting capital
fosters job creation, reflecting overall economic markets, entrepreneurship, and business growth,
health and market vitality in India influencing market dynamics and investor
confidence.
SECTORAL FOCUS
Reflects emerging trends, indicating strengths in GLOBAL RECOGNITION
specific sectors such as technology, and guiding
Attracts foreign investment, boosts market
investment strategies accordingly.
reputation, and strengthens India's position as an
attractive investment destination internationally.
WEALTH CREATION
Successful IPOs create wealth,
benefiting founders,
employees, and investors, with
potential for reinvestment and
economic growth acceleration.

Indian IPO Boom

 Data Sources

INDIA TODAY
There were 58 mainboard IPOs in 2023, of which over 50 have delivered
gains after listing and raised nearly Rs 49,500 crore. In addition, 172 SME
IPOs also hit the markets this year, raising nearly Rs 4,500 crore.

ECONOMIC TIMES
• The increasing average ticket size in SME IPOs, from Rs 13 crores in
2021 to Rs 18 crore in 2022 and Rs 25 crore in 2023, indicates that
promoters are seeking larger capital to fuel their growth ambitions,
and investors are responding positively to these opportunities.
• Notably, almost 50% of IPOs have been primary tranche issuances,
signaling that companies are raising fresh capital to expand their
businesses or pay off debt.
LIVEMINT
Recent highlights include India’s largest life insurer, LIC, raising capital and
becoming the largest IPO ever, with 73.38 lakh applications. This record was
surpassed last week when Tata Technologies, a Tata Group company,
launched its IPO, garnering a massive 73.58 lakh applications and listing with 3
140% gains.
 WHY IS IT INTERESTING?
POLICIES
SEBI's strategic move to
reduce IPO listing timelines
from T+6 to T+3 days is a
significant step towards
streamlining the IPO process,
making it more attractive for
both issuers and investors.
APPROPRIATELY SIZED
Out of the IPOs on the main
stock exchange, only 10 out of
40 tried to raise over Rs 1000
crores. This number was 34/65
in 2021.
REGULATORY
APPROVALS
In 2020 and 2021, SEBI took 75 days
to grant approvals. But in 2022, it
increased to 115 days.
So, IPOs that might have been
otherwise ready in 2022 might have
been pushed to 2023
4
THANK YOU
Mohan Shrivastava
22322020