There are a lot of companies planning to go public in FY25. These companies are planning to raise a total of about Rs.70,000/- crore through their IPOs (initial public offerings).
The stock market has been busy with companies going public in the last FY24, and these companies in total have raised Rs. 62000 crore through IPOs, and this trend seems to be continuing in the next fiscal year.
Right now, in total, 56 companies are waiting to go public in FY25. About 19 of them have gotten approval from SEBI and are ready to go public; 37 companies have submitted their documents and are ready to raise 70,000 crores.
Among these nine are tech companies looking to raise 21,000 crores. Experts are optimistic about the IPO market. Factors like Indian investors, better corporate governance, government support, and institutional investors’ interest are contributing to this positive sentiment.
Even though general elections are coming up, experts still expect IPO activity to continue over the next few months.
List of IPOs to look out for in FY25
1. Bharti Hexacom IPO: This IPO is from Bharti Hexcom, which is a subsidiary of Bharti Airtel. The company provides mobile service in Rajasthan and the North-East regions of India. The IPO will start on April 3 and will sell 7.5 crore of its shares.
2. Go Digit Insurance IPO: Go Digital Insurance is a new-age insurance company that is backed by popular cricketer Virat Kohli. They are expected to raise 3600 crores from its IPO. They will be selling both new shares and existing shares.
3. Ola Electric’s IPO: Ola Electric, a company related to OLA Cabs, has filed for an IPO. They are planning to raise 5,500 crores through new shares.
4. BrainBees Solutions IPO: Brainbees Solution IPO, which operates Fitrstcry, which is famous for its childcare products business, is planning for an IPO. They are aiming to raise 1816 crores through new shares, and some of the existing shareholders will also sell some of their shares.
5. Waree Energies IPO: Waree Energies, a solar PV module maker, is preparing for an IPO. They are planning to raise Rs. 3000 crore through new shares.
6. Tata Electric’s IPO: Tata Group is planning to list its electric vehicle company’s IPO in the next year. If everything goes well, we can expect this IPO at the end of FY25.
7. Swiggy IPO: Swiggy, the popular online food delivery service, is considering going public in FY25. They are planning to file their IPO papers in May and launch the IPO during the festive season.
Other notable IPOs to look out for in FY25 are Allied Blenders, Mobikwik, PayU, Garuda Aerospace, and NTPC Green