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Time of India
4 hours ago
- Business
- Time of India
IPO rush 2025: Boom to continue as Rs 2.58 lakh crore in offers await market entry; PhonePe, Meesho, Lenskart in line
Representative image India's IPO market is poised for a major wave of activity in the second half of 2025, with companies across various sectors preparing to tap into strong investor demand. IPOs worth Rs 2.58 lakh crore are currently lined up, including Rs 1.15 lakh crore in offers that have already received SEBI's approval, and another Rs 1.43 lakh crore awaiting the green light. This follows a robust first half of the year (January-June), during which 26 companies raised Rs 52,200 crore, led by HDB Financial Services' Rs 12,500 crore issue. Major upcoming IPOs include Tata Capital with an estimated Rs 17,200-crore offer and LG Electronics at Rs 15,000 crore. Fintech firm Groww is also planning a Rs 5,950-crore share sale. Other names in the pipeline include new-age businesses such as Meesho, PhonePe, Lenskart, Boat, WeWork India, Physics Wallah, Shadowfax and more. These companies are likely to float issues ranging from Rs 1,500 crore to Rs 9,000 crore. Additional firms preparing to list include Pine Labs, Urban Company, Wakefit, Shiprocket, Amagi, and TableSpace. According to ET, the strong pipeline stems from growing confidence among issuers that investor appetite remains resilient. In calendar year 2024, Indian markets saw 90 IPOs collectively raise Rs 1.60 lakh crore. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like An engineer reveals: One simple trick to get internet without a subscription Techno Mag Learn More Undo The second half alone brought in Rs 1.30 lakh crore via 56 public offerings, compared to Rs 29,607 crore raised in the first six months from 34 IPOs. A significant chunk of the demand is being driven by mutual funds, which have emerged as major participants in IPOs. 'The growth in fundraising through IPOs has been on the back of growing investor participation, both retail and institutional,' said Bhavesh Shah, MD and head of investment banking at Equirus Capital. He also highlighted the growing influence of mutual funds, which are deploying funds into IPOs due to rich valuations in the secondary market. According to data cited by ET, equity mutual fund assets rose 22% in the year ending June 30, going from Rs 26.82 lakh crore to Rs 32.69 lakh crore. Systematic investment plans (SIPs) are adding about Rs 27,000 crore each month to equity-oriented schemes. Many of the upcoming IPOs are also being triggered by private equity exits. 'IPOs are picking up as many PE funds are nearing the end of their life cycle and need exits,' said Mihir Vora, chief investment officer at Trust Mutual Fund. With a healthy pipeline and consistent investor interest, the Indian primary market appears well-positioned to sustain its momentum through the rest of 2025. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
13 hours ago
- Business
- Time of India
India's IPO market set to soar with Rs 2.58 lakh crore offerings in pipeline
India's primary market is set for a significant IPO surge in the remainder of 2025, with over ₹2.58 lakh crore worth of offerings in the pipeline, driven by financial services firms, startups, and unicorns. Strong investor participation, particularly from mutual funds fueled by consistent equity scheme inflows, and private equity firms seeking exits are contributing to this robust IPO activity. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Mumbai: From Tata Capital's ₹17,200-crore offer and LG Electronics' ₹15,000-crore issue to Groww's ₹5,950-crore share sale - India's primary market is gearing up for a blockbuster round of initial public offerings (IPOs) in the rest of 2025. Financial services firms, startups, unicorns and others are among those preparing to list on the domestic to data from Prime Database, IPOs worth ₹1.15 lakh crore have received approval from the Securities and Exchange Board of India (Sebi) and are awaiting market entry. Another ₹1.43 lakh crore of share sale proposals are awaiting regulatory ₹2.58 lakh crore of offerings are in the the first half of 2025 (January-June), 26 companies raised ₹52,200 crore. The largest among them was HDB Financial Services , which raised ₹12,500 crore. The pipeline for 2025 includes new age businesses such as Meesho, fintech unicorn PhonePe, Boat, WeWork India, Lenskart, Shadowfax, Groww and Physics Wallah, among sizes are expected in the range of ₹1,500 crore to ₹9,000 crore. Pine Labs, Amagi, Wakefit, Urban Company, TableSpace and Shiprocket are among the other firms looking to raise money through the first half of 2024, 34 public offerings were launched, collectively raising ₹29,607.95 crore, and in the second half, 56 hit the market, mobilising ₹1.30 lakh calendar year 2024 saw a total of 90 IPOs raising Rs 1.60 lakh crore, according to strong pipeline of issuances is driven by confidence that investor appetite for IPOs remains strong."The growth in fundraising through IPOs has been on the back of growing investor participation, both retail and institutional, as well as retail through institutional, particularly mutual funds," said Bhavesh Shah, managing director and head of investment banking , Equirus funds, armed with a continuous flow of money into equity schemes, have been among the top participants in IPOs, as rich valuations in the secondary market have prompted money managers to deploy money in these the past 12 months to June 30, equity scheme assets grew 22% from Rs 26.82 lakh crore to Rs 32.69 lakh crore. About Rs 27,000 crore gets added to equity-oriented schemes each month by way of systematic investment plans (SIPs).Several IPOs have been driven by private equity firms nearing the end of their fund cycles, triggering a wave of exit activity."IPOs are picking up as many PE funds are nearing the end of their life cycle and need exits," said Mihir Vora, chief investment officer at Trust Mutual Fund.
Economic Times
13 hours ago
- Business
- Economic Times
India's IPO market set to soar with Rs 2.58 lakh crore offerings in pipeline
Live Events Agencies (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Mumbai: From Tata Capital's ₹17,200-crore offer and LG Electronics' ₹15,000-crore issue to Groww's ₹5,950-crore share sale - India's primary market is gearing up for a blockbuster round of initial public offerings (IPOs) in the rest of 2025. Financial services firms, startups, unicorns and others are among those preparing to list on the domestic to data from Prime Database, IPOs worth ₹1.15 lakh crore have received approval from the Securities and Exchange Board of India (Sebi) and are awaiting market entry. Another ₹1.43 lakh crore of share sale proposals are awaiting regulatory ₹2.58 lakh crore of offerings are in the the first half of 2025 (January-June), 26 companies raised ₹52,200 crore. The largest among them was HDB Financial Services , which raised ₹12,500 crore. The pipeline for 2025 includes new age businesses such as Meesho, fintech unicorn PhonePe, Boat, WeWork India, Lenskart, Shadowfax, Groww and Physics Wallah, among sizes are expected in the range of ₹1,500 crore to ₹9,000 crore. Pine Labs, Amagi, Wakefit, Urban Company, TableSpace and Shiprocket are among the other firms looking to raise money through the first half of 2024, 34 public offerings were launched, collectively raising ₹29,607.95 crore, and in the second half, 56 hit the market, mobilising ₹1.30 lakh calendar year 2024 saw a total of 90 IPOs raising Rs 1.60 lakh crore, according to strong pipeline of issuances is driven by confidence that investor appetite for IPOs remains strong."The growth in fundraising through IPOs has been on the back of growing investor participation, both retail and institutional, as well as retail through institutional, particularly mutual funds," said Bhavesh Shah, managing director and head of investment banking , Equirus funds, armed with a continuous flow of money into equity schemes, have been among the top participants in IPOs, as rich valuations in the secondary market have prompted money managers to deploy money in these the past 12 months to June 30, equity scheme assets grew 22% from Rs 26.82 lakh crore to Rs 32.69 lakh crore. About Rs 27,000 crore gets added to equity-oriented schemes each month by way of systematic investment plans (SIPs).Several IPOs have been driven by private equity firms nearing the end of their fund cycles, triggering a wave of exit activity."IPOs are picking up as many PE funds are nearing the end of their life cycle and need exits," said Mihir Vora, chief investment officer at Trust Mutual Fund.
Time of India
15 hours ago
- Business
- Time of India
D Street Decked Up for Debutants Ball
From Tata Capital's ₹17,200-crore offer and LG Electronics' ₹15,000-crore issue to Groww's ₹5,950-crore share sale — India's primary market is gearing up for a blockbuster round of initial public offerings (IPOs) in the rest of 2025. Financial services firms, startups, unicorns and others are among those preparing to list on the domestic bourses. According to data from Prime Database, IPOs worth ₹1.15 lakh crore have received approval from the Securities and Exchange Board of India (Sebi) and are awaiting market entry. Another ₹1.43 lakh crore of share sale proposals are awaiting regulatory approval. Explore courses from Top Institutes in Please select course: Select a Course Category MBA PGDM Leadership Design Thinking Degree CXO Healthcare Technology Project Management Public Policy Operations Management Others MCA Digital Marketing Data Science Artificial Intelligence Product Management Data Science others Finance Data Analytics Cybersecurity Management healthcare Skills you'll gain: Financial Management Team Leadership & Collaboration Financial Reporting & Analysis Advocacy Strategies for Leadership Duration: 18 Months UMass Global Master of Business Administration (MBA) Starts on May 13, 2024 Get Details Skills you'll gain: Analytical Skills Financial Literacy Leadership and Management Skills Strategic Thinking Duration: 24 Months Vellore Institute of Technology VIT Online MBA Starts on Aug 14, 2024 Get Details Altogether, ₹2.58 lakh crore of offerings are in the pipeline. In the first half of 2025 (January-June), 26 companies raised ₹52,200 crore. The largest among them was HDB Financial Services, which raised ₹12,500 crore. The pipeline for 2025 includes new age businesses such as Meesho, fintech unicorn PhonePe, Boat, WeWork India, Lenskart, Shadowfax, Groww and Physics Wallah, among others. Issue sizes are expected in the range of ₹1,500 crore to ₹9,000 crore. Pine Labs, Amagi, Wakefit, Urban Company, TableSpace and Shiprocket are among the other firms looking to raise money through IPOs. In the first half of 2024, 34 public offerings were launched, collectively raising ₹29,607.95 crore, and in the second half, 56 hit the market, mobilising ₹1.30 lakh crore. Overall, calendar year 2024 saw a total of 90 IPOs raising Rs 1.60 lakh crore, according to ETIG. The strong pipeline of issuances is driven by confidence that investor appetite for IPOs remains strong. 'The growth in fundraising through IPOs has been on the back of growing investor participation, both retail and institutional, as well as retail through institutional, particularly mutual funds,' said Bhavesh Shah, managing director and head of investment banking, Equirus Capital. Mutual funds, armed with a continuous flow of money into equity schemes, have been among the top participants in IPOs, as rich valuations in the secondary market have prompted money managers to deploy money in these offerings. In the past 12 months to June 30, equity scheme assets grew 22% from Rs 26.82 lakh crore to Rs 32.69 lakh crore. About Rs 27,000 crore gets added to equity-oriented schemes each month by way of systematic investment plans (SIPs). Several IPOs have been driven by private equity firms nearing the end of their fund cycles, triggering a wave of exit activity. 'IPOs are picking up as many PE funds are nearing the end of their life cycle and need exits,' said Mihir Vora, chief investment officer at Trust Mutual Fund.
Economic Times
07-07-2025
- Business
- Economic Times
IPO rush, block deals fuel two-fold jump in market fundraise
Agencies Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel ET Intelligence Group: The fund mobilisation through bulk and block (B&B) deals in the Indian equity market improved sharply in the June 2025 quarter according to the data from Equirus Capital following a recovery in the broader market after a slow start in the previous quarter. Sequentially, it increased by 118.9% to ₹1.7 lakh crore while staying muted year-on-year at 3.3% rise. The total funds mobilised through various routes including B&B, initial public offerings (IPO), qualified institutional placements (QIP), and rights issues rose by 103.5% sequentially and by 10.8% year-on-year to ₹2.2 lakh crore."The sharp rebound in equity fund raising this quarter is directly tied to the recovery in secondary market sentiment," said Bhavesh Shah, managing director and head of investment banking at Equirus also reported renewed rigour in issuance. Money raised through this route increased by 88.6% sequentially to ₹29,652 crore. Also, funds through rights issue jumped fourfold to ₹7,644 crore by similar comparison, reflecting companies' eagerness to shore up balance sheets through shareholder-backed this uptick was a marked improvement in investor sentiment. The BSE Sensex rallied nearly 10% in the April-June period, buoyed by robust foreign and domestic inflows. This was in comparison with the 1.4% drop in the corresponding quarter of the previous year. Foreign portfolio investors, who withdrew ₹1.2 lakh crore in January-March 2025, flipped to net buyers, pouring in ₹38,673 crore during April-June, according to NSDL data."IPO investors are typically active in the secondary market as well. So, when markets are underperforming, it not only affects their existing portfolios but also dampens their appetite for new investments," said Shah. He expects the current momentum in fund raising to continue as long as the secondary market remains stable and domestic inflows stay strong,Though the total transaction value of B&B deals improved sequentially, their number fell to 3,003 in the June quarter from 3,461 in the previous quarter reflecting higher average size per deal.
