Latest news with #RatirajTibrewal
Hans India
a day ago
- Business
- Hans India
IPO market outlook for H2 2025 remains cautiously optimistic amid improving economic conditions
Mumbai: The outlook for India's initial public offering (IPO) market in the second half of 2025 remains cautiously optimistic, experts said on Sunday. Ratiraj Tibrewal, CEO of Choice Capital Advisors, believes that economic conditions are likely to improve in the coming months as global and domestic challenges such as inflation, interest rates, geopolitical tensions, and currency volatility begin to ease. This positive outlook follows a strong performance in the first half of 2025, when companies raised Rs 45,351 crore through IPOs despite ongoing global trade tensions and macroeconomic concerns. The amount raised represents a 45 per cent jump compared to Rs 31,281 crore collected during the same period the previous year. Interestingly, while the funds raised increased, the number of IPOs fell to 24 in January–June 2025 from 36 in the same period the previous year. This suggests that companies are opting for larger issue sizes, supported by strong investor demand. According to data shared by merchant bankers, nearly 67 per cent of the IPOs listed in the first half of the year debuted at a premium, with an average return of around 25 per cent for investors. Big names such as HDB Financial Services, Hexaware Technologies, Schloss Bangalore, and Ather Energy hit the market during this period. Most of these public issues included a mix of fresh equity and offers for sale, with funds being used for expansion, debt repayment, and working capital. The period also saw a spike in companies preparing to go public. The Securities and Exchange Board of India (SEBI) received draft IPO papers from 118 companies, more than double the 52 filings in the same period the previous year. This indicates strong future activity in the market. JM Financial emerged as the leader in the IPO space, managing 10 issues that collectively raised Rs 26,838 crore in the first quarter of FY26 alone, according to Prime Database. Vinod Nair, Head of Research at Geojit Financial Services, said that improving earnings in Q1 and Q2 of FY26, along with progress on the India-US trade deal, could further boost market sentiment. However, he also warned that the high base of Rs 1.3 lakh crore raised in the second half of 2024 may make year-on-year (YoY) comparisons more challenging, especially if there is a slowdown in foreign and retail investor inflows.
News18
a day ago
- Business
- News18
IPO fundraising up 45% to Rs 45,350 cr in Jan-Jun despite global trade headwinds
New Delhi, Jul 20 (PTI) Fundraising through initial public offerings (IPOs) rose to Rs 45,350 crore in the first half of 2025, marking a 45 per cent increase from a year ago, despite global trade headwinds, geopolitical conflicts, and macroeconomic concerns. However, the number of IPOs declined to 24 during the period under review from 36 in the January-June period of 2024, indicating a rise in the average size of public issues. Going forward, the IPO market is expected to remain cautiously optimistic in the second half of 2025, supported by robust inflows of domestic investment, positive investor sentiment, and strong growth visibility, experts said. According to data shared by merchant bankers, 24 companies mobilised Rs 45,351 crore in the January-June period of 2025, compared to Rs 31,281 crore raised by 36 firms during the same period last year. 'The first half of the year saw market sentiment tempered by ongoing global trade tensions, geopolitical uncertainties, and macroeconomic challenges. Despite these concerns, companies successfully raised over Rs 45,000 crore via IPOs during this period," said Neha Agarwal, Managing Director and Head� Equity Capital Markets, JM Financial Institutional Securities. Adding to the momentum, the first half of 2025 also witnessed a sharp rise in draft IPO filings with the Securities and Exchange Board of India (Sebi). A total of 118 companies submitted preliminary papers, up from 52 in the corresponding period of 2024. JM Financial led the IPO league table, topping both volume and value charts with 10 issuances collectively raising Rs 26,838 crore in Q1FY26 alone, according to data from Prime Database. During the January-June 2025 period, 24 mainboard IPOs were launched, with 67 per cent of them listing at a premium. The overall performance of IPOs remained strong, delivering an average return of around 25 per cent to investors. Among the major IPOs launched during this period were HDB Financial Services (Rs 12,500 crore), Hexaware Technologies (Rs 8,750 crore), Schloss Bangalore (Rs 3,500 crore), and Ather Energy (Rs 2,981 crore). Most of these IPOs consisted of a mix of fresh equity issuance and offer for sale by existing shareholders. The proceeds were primarily used to fund business expansion plans, repay debt, and meet working capital requirements. A majority of the companies accessing the IPO route belonged to industrial sectors such as manufacturing and infrastructure, reflecting continued investor interest in core economy-driven businesses. Further, in July, at least four IPOs have been launched and at least five are in the pipeline, indicating sustained market activity. Looking ahead to the second half of 2025, the outlook remains cautiously optimistic, Ratiraj Tibrewal, CEO of Choice Capital Advisors, said. He noted that economic conditions are expected to improve in H2 compared to H1, due to easing global and domestic headwinds such as inflation, interest rates, geopolitical tensions, and currency volatility. Vinod Nair, Head of Research at Geojit Financial Services, added that this improvement could bode well for the stock market. However, he cautioned that premium valuations and a potential lack of foreign institutional and retail investor inflows could weigh on a year-on-year basis, considering the high base of Rs 1.3 lakh crore in H2CY24. He further noted that earnings upgrades in Q1FY26 and Q2FY26, along with progress on a trade deal with the US, will play a key role in shaping the IPO market trend in the latter half of the year. PTI SP ANU ANU view comments First Published: July 20, 2025, 12:00 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
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Business Standard
a day ago
- Business
- Business Standard
IPO fundraising up 45% to Rs 45,350 cr in Jan-Jun despite global headwinds
Fundraising through initial public offerings (IPOs) rose to Rs 45,350 crore in the first half of 2025, marking a 45 per cent increase from a year ago, despite global trade headwinds, geopolitical conflicts, and macroeconomic concerns. However, the number of IPOs declined to 24 during the period under review from 36 in the January-June period of 2024, indicating a rise in the average size of public issues. Going forward, the IPO market is expected to remain cautiously optimistic in the second half of 2025, supported by robust inflows of domestic investment, positive investor sentiment, and strong growth visibility, experts said. According to data shared by merchant bankers, 24 companies mobilised Rs 45,351 crore in the January-June period of 2025, compared to Rs 31,281 crore raised by 36 firms during the same period last year. "The first half of the year saw market sentiment tempered by ongoing global trade tensions, geopolitical uncertainties, and macroeconomic challenges. Despite these concerns, companies successfully raised over Rs 45,000 crore via IPOs during this period," said Neha Agarwal, Managing Director and Head? Equity Capital Markets, JM Financial Institutional Securities. Adding to the momentum, the first half of 2025 also witnessed a sharp rise in draft IPO filings with the Securities and Exchange Board of India (Sebi). A total of 118 companies submitted preliminary papers, up from 52 in the corresponding period of 2024. JM Financial led the IPO league table, topping both volume and value charts with 10 issuances collectively raising Rs 26,838 crore in Q1FY26 alone, according to data from Prime Database. During the January-June 2025 period, 24 mainboard IPOs were launched, with 67 per cent of them listing at a premium. The overall performance of IPOs remained strong, delivering an average return of around 25 per cent to investors. Among the major IPOs launched during this period were HDB Financial Services (Rs 12,500 crore), Hexaware Technologies (Rs 8,750 crore), Schloss Bangalore (Rs 3,500 crore), and Ather Energy (Rs 2,981 crore). Most of these IPOs consisted of a mix of fresh equity issuance and offer for sale by existing shareholders. The proceeds were primarily used to fund business expansion plans, repay debt, and meet working capital requirements. A majority of the companies accessing the IPO route belonged to industrial sectors such as manufacturing and infrastructure, reflecting continued investor interest in core economy-driven businesses. Further, in July, at least four IPOs have been launched and at least five are in the pipeline, indicating sustained market activity. Looking ahead to the second half of 2025, the outlook remains cautiously optimistic, Ratiraj Tibrewal, CEO of Choice Capital Advisors, said. He noted that economic conditions are expected to improve in H2 compared to H1, due to easing global and domestic headwinds such as inflation, interest rates, geopolitical tensions, and currency volatility. Vinod Nair, Head of Research at Geojit Financial Services, added that this improvement could bode well for the stock market. However, he cautioned that premium valuations and a potential lack of foreign institutional and retail investor inflows could weigh on a year-on-year basis, considering the high base of Rs 1.3 trillion in H2CY24. He further noted that earnings upgrades in Q1FY26 and Q2FY26, along with progress on a trade deal with the US, will play a key role in shaping the IPO market trend in the latter half of the year.
Economic Times
a day ago
- Business
- Economic Times
IPO fundraising up 45% to Rs 45,350 crore despite global trade headwinds
Fundraising through initial public offerings (IPOs) rose to Rs 45,350 crore in the first half of 2025, marking a 45 per cent increase from a year ago, despite global trade headwinds, geopolitical conflicts, and macroeconomic concerns. However, the number of IPOs declined to 24 during the period under review from 36 in the January-June period of 2024, indicating a rise in the average size of public issues. Going forward, the IPO market is expected to remain cautiously optimistic in the second half of 2025, supported by robust inflows of domestic investment, positive investor sentiment, and strong growth visibility, experts said. According to data shared by merchant bankers, 24 companies mobilised Rs 45,351 crore in the January-June period of 2025, compared to Rs 31,281 crore raised by 36 firms during the same period last year. "The first half of the year saw market sentiment tempered by ongoing global trade tensions, geopolitical uncertainties, and macroeconomic challenges. Despite these concerns, companies successfully raised over Rs 45,000 crore via IPOs during this period," said Neha Agarwal, Managing Director and Head Equity Capital Markets, JM Financial Institutional Securities. Adding to the momentum, the first half of 2025 also witnessed a sharp rise in draft IPO filings with the Securities and Exchange Board of India (Sebi). A total of 118 companies submitted preliminary papers, up from 52 in the corresponding period of 2024. JM Financial led the IPO league table, topping both volume and value charts with 10 issuances collectively raising Rs 26,838 crore in Q1FY26 alone, according to data from Prime Database. During the January-June 2025 period, 24 mainboard IPOs were launched, with 67 per cent of them listing at a premium. The overall performance of IPOs remained strong, delivering an average return of around 25 per cent to investors. Among the major IPOs launched during this period were HDB Financial Services (Rs 12,500 crore), Hexaware Technologies (Rs 8,750 crore), Schloss Bangalore (Rs 3,500 crore), and Ather Energy (Rs 2,981 crore). Most of these IPOs consisted of a mix of fresh equity issuance and offer for sale by existing shareholders. The proceeds were primarily used to fund business expansion plans, repay debt, and meet working capital requirements. A majority of the companies accessing the IPO route belonged to industrial sectors such as manufacturing and infrastructure, reflecting continued investor interest in core economy-driven businesses. Further, in July, at least four IPOs have been launched and at least five are in the pipeline, indicating sustained market activity. Looking ahead to the second half of 2025, the outlook remains cautiously optimistic, Ratiraj Tibrewal, CEO of Choice Capital Advisors, said. He noted that economic conditions are expected to improve in H2 compared to H1, due to easing global and domestic headwinds such as inflation, interest rates, geopolitical tensions, and currency volatility. Vinod Nair, Head of Research at Geojit Financial Services, added that this improvement could bode well for the stock market. However, he cautioned that premium valuations and a potential lack of foreign institutional and retail investor inflows could weigh on a year-on-year basis, considering the high base of Rs 1.3 lakh crore in H2CY24. He further noted that earnings upgrades in Q1FY26 and Q2FY26, along with progress on a trade deal with the US, will play a key role in shaping the IPO market trend in the latter half of the year. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. What's keeping real retail investors out of the Nvidia rally If data is the new oil, are data centres the smokestacks of the digital age? The hybrid vs. EV rivalry: Why Maruti and Mahindra pull in different directions. What's best? Instagram and YouTube make billions off creators. Should they pay up for their mental health? Trent trips on the ramp. Is it still worth the splurge or time to change brands? Best way to deal with volatility, just ' Hold' for wealth creation: 7 large-cap stocks with an upside potential of up to 41% Stock picks of the week: 5 stocks with consistent score improvement with an upside potential of 16 to 38% in 1 year Headwinds, yes, but long-term story intact. 7 stocks from the engineering sector with upside potential from 21 to 42%
Time of India
a day ago
- Business
- Time of India
IPO fundraising up 45% to Rs 45,350 crore despite global trade headwinds
Academy Empower your mind, elevate your skills Fundraising through initial public offerings (IPOs) rose to Rs 45,350 crore in the first half of 2025, marking a 45 per cent increase from a year ago, despite global trade headwinds, geopolitical conflicts, and macroeconomic the number of IPOs declined to 24 during the period under review from 36 in the January-June period of 2024, indicating a rise in the average size of public forward, the IPO market is expected to remain cautiously optimistic in the second half of 2025, supported by robust inflows of domestic investment, positive investor sentiment, and strong growth visibility, experts to data shared by merchant bankers, 24 companies mobilised Rs 45,351 crore in the January-June period of 2025, compared to Rs 31,281 crore raised by 36 firms during the same period last year."The first half of the year saw market sentiment tempered by ongoing global trade tensions, geopolitical uncertainties, and macroeconomic challenges. Despite these concerns, companies successfully raised over Rs 45,000 crore via IPOs during this period," said Neha Agarwal, Managing Director and Head Equity Capital Markets, JM Financial Institutional to the momentum, the first half of 2025 also witnessed a sharp rise in draft IPO filings with the Securities and Exchange Board of India (Sebi). A total of 118 companies submitted preliminary papers, up from 52 in the corresponding period of Financial led the IPO league table, topping both volume and value charts with 10 issuances collectively raising Rs 26,838 crore in Q1FY26 alone, according to data from Prime the January-June 2025 period, 24 mainboard IPOs were launched, with 67 per cent of them listing at a premium. The overall performance of IPOs remained strong, delivering an average return of around 25 per cent to the major IPOs launched during this period were HDB Financial Services (Rs 12,500 crore), Hexaware Technologies (Rs 8,750 crore), Schloss Bangalore (Rs 3,500 crore), and Ather Energy (Rs 2,981 crore).Most of these IPOs consisted of a mix of fresh equity issuance and offer for sale by existing shareholders. The proceeds were primarily used to fund business expansion plans, repay debt, and meet working capital requirements.A majority of the companies accessing the IPO route belonged to industrial sectors such as manufacturing and infrastructure, reflecting continued investor interest in core economy-driven in July, at least four IPOs have been launched and at least five are in the pipeline, indicating sustained market ahead to the second half of 2025, the outlook remains cautiously optimistic, Ratiraj Tibrewal, CEO of Choice Capital Advisors, noted that economic conditions are expected to improve in H2 compared to H1, due to easing global and domestic headwinds such as inflation, interest rates, geopolitical tensions, and currency Nair, Head of Research at Geojit Financial Services , added that this improvement could bode well for the stock market. However, he cautioned that premium valuations and a potential lack of foreign institutional and retail investor inflows could weigh on a year-on-year basis, considering the high base of Rs 1.3 lakh crore in further noted that earnings upgrades in Q1FY26 and Q2FY26, along with progress on a trade deal with the US, will play a key role in shaping the IPO market trend in the latter half of the year.
