IPOs on a record run

Year

No of Issues

Amount (Rs Cr)

1994

1129

8,942.93

1995

1444

13,886.88

1996

1169

5,732.66

1997

125

2,182.24

1998

19

364.63

1999

38

2,236.97

2000

128

3,055.26

2001

15

391.85

2002

6

1,981.47

2003

15

2,193.70

2004

34

30,510.83

2005

128*

31,000.00*

*Including proposed IPOs

 Of the offer documents filed by 128 companies with Sebi this year, only 13 public offers (eight of them from banks) are by existing listed firms and 115 are initial public offerings (IPOs). In November alone, the promoters of 16 companies filed drafts of offer documents.  According to data sourced from the Sebi website, the number of companies that filed draft offer documents for public offers in November has been the highest in the last two years.  Entertainment Network, Celebrity Fashions, Inox Leisure, Royal Orchid Hotels, Shirt Company, Space Computer and Systems, Shivalik Global and Rohit Ferro-Tech had filed drafts of offer documents with Sebi last month.  The sectoral classification shows five companies are from the information technology sector, four each from entertainment, steel alloys, textiles and retail business, and three each from the engineering and power sectors.  The list also includes three listed banks