Adani Enterp. 2445.05↓-47.10(-1.89%)
Adani Ports 736.60↑4.55(0.62%)
Apollo Hospitals 4967.30↑153.05(3.18%)
Asian Paints 3237.25↓-3.45(-0.11%)
Axis Bank 926.10↑6.40(0.70%)
B P C L 360.05↓-4.50(-1.23%)
Bajaj Auto 4669.10↑25.50(0.55%)
Bajaj Finance 7023.90↓-16.60(-0.24%)
Bajaj Finserv 1457.25↑7.10(0.49%)
Bharti Airtel 836.50↑8.55(1.03%)
Britannia Inds. 4654.15↑18.90(0.41%)
Cipla 965.85↑1.10(0.11%)
Coal India 230.90↑0.55(0.24%)
Divi's Lab. 3511.60↓-13.80(-0.39%)
Dr Reddy's Labs 4610.45↑58.40(1.28%)
Eicher Motors 3699.40↓-16.65(-0.45%)
Grasim Inds 1710.55↑8.10(0.48%)
H D F C 2645.90↓-0.80(-0.03%)
HCL Technologies 1137.05↓-4.85(-0.42%)
HDFC Bank 1606.50↑2.50(0.16%)
HDFC Life Insur. 576.40↓-5.80(-1.00%)
Hero Motocorp 2892.65↑92.25(3.29%)
Hind. Unilever 2716.70↑18.80(0.70%)
Hindalco Inds. 420.75↑14.40(3.54%)
ICICI Bank 938.15↑2.05(0.22%)
IndusInd Bank 1288.20↓-1.95(-0.15%)
Infosys 1299.00↓-20.50(-1.55%)
ITC 443.40↑3.70(0.84%)
JSW Steel 706.60↑12.75(1.84%)
Kotak Mah. Bank 1938.75↑8.70(0.45%)
Larsen & Toubro 2234.55↑26.75(1.21%)
M & M 1341.40↑22.50(1.71%)
Maruti Suzuki 9485.35↑157.05(1.68%)
Nestle India 22046.45↑172.15(0.79%)
NTPC 174.55↑0.15(0.09%)
O N G C 154.70↑1.05(0.68%)
Power Grid Corpn 234.60↑1.60(0.69%)
Reliance Industr 2455.20↓-8.05(-0.33%)
SBI Life Insuran 1202.50↓-5.25(-0.43%)
St Bk of India 587.20↑4.45(0.76%)
Sun Pharma.Inds. 999.60↑11.90(1.20%)
Tata Consumer 796.05↑2.40(0.30%)
Tata Motors 535.90↑0.70(0.13%)
Tata Steel 108.00↑2.05(1.93%)
TCS 3305.60↓-18.40(-0.55%)
Tech Mahindra 1123.10↑2.30(0.21%)
Titan Company 2861.65↑34.40(1.22%)
UltraTech Cem. 7850.65↑7.85(0.10%)
UPL 683.35↑5.40(0.80%)
Wipro 404.95↓-2.20(-0.54%)

IPO boom: 2021 record run rolls on with Nykaa's Rs 5,300-cr maiden offering

41 companies have raised Rs 66,974 cr via IPOs so far this year; just Rs 173 cr shy of all-time high touched in 2017

Sundar Sethuraman Samie Modak Mumbai

Premium

Illustration: Binay Sinha

3 min read Last Updated : Oct 26 2021 | 2:15 AM IST

Next week, one more record will have been notched up in 2021, a year when the BSE Sensex breezed past previously unheard of levels of 50,000 and 60,000. This time, the record scaled will be for the amount of funds raised through initial public offerings (IPO).

So far in 2021, 41 firms have mopped up Rs 66,974 crore through IPOs, which is just Rs 173 crore shy of the all-time high of Rs 67,147 crore seen in 2017. With FSN E-Commerce Ventures’, or Nykaa’s, Rs 5,300-crore maiden offering, which opens on Thursday, the 2021 tally will cross Rs 72,000 crore.

Nykaa’s IPO will be the biggest since food delivery firm Zomato’s landmark offering in July, which opened the floodgates for start-up offerings. Taking a cue from Zomato’s success, several start-ups filed IPO documents with market regulator Securities and Exchange Board of India (Sebi).