MUMBAI: Three large IPOs, all of which closed on Friday, have collectively attracted investor curiosity worth about Rs 2.2 lakh crore. The three firms – Vishal Mega Mart, Sai Life Sciences and One Mobikwik – had got down to mobilize Rs 11,615 crore from the general public, knowledge from the exchanges confirmed.
Of these three IPOs, the provide for One Mobikwik – the tech-pushed funds enabler – noticed a virtually 120 occasions demand, making it essentially the most subscribed Rs 500-crore-plus IPO of 2024. Retail buyers had been essentially the most energetic lot within the Mobikwik. IPO.
The Rs 8,000-crore provide for Vishal Mega Mart additionally witnessed robust investor demand. It was subscribed just a little over 27 occasions, garnering complete demand worth Rs 1.6 lakh crore.
Sai Life Sciences’ IPO, which was aiming to get Rs 3,043 crore, was subscribed 10.3 occasions. The provide noticed a demand worth Rs 21,881 crore, alternate knowledge confirmed.
So far within the 12 months, IPOs have mobilized practically Rs 2 lakh crore, making it the most important grossing 12 months for such gives. Prior to this, in 2021, practically Rs 1.2 lakh crore was raised from the capital market by 63 gives, knowledge from Chittorgarh confirmed.
